Stablecoin Market Cap Exceeds $200B as Adoption Accelerates

Stablecoins have emerged as the killer app for crypto, with market capitalization surpassing $200B as businesses and individuals use them for payments, remittances, and savings. - Market Leaders: USDT dominates with $120B, USDC follows with $50B, and algorithmic stablecoins hold smaller shares. - Use Cases: International remittances see 90% cost reduction, merchants avoid credit card fees, and emerging markets use stablecoins as dollar alternatives. - Regulatory Progress: Clear frameworks in EU and selective US states enable compliant stablecoin operations. - Competition: Traditional payment companies like PayPal and Visa launch their own stablecoin products.