Addressable Market

The addressable market for stablecoins is vast and encompasses a wide range of potential use cases, including:

1. Payments and remittances: Stablecoins can be used for fast, low-cost, and borderless payments, making them an attractive alternative to traditional payment methods, especially for international remittances.

2. Decentralized finance (DeFi): Stablecoins are essential components of DeFi protocols, enabling users to lend, borrow, and trade crypto assets in a stable and efficient manner.

3. Cryptocurrency trading and investments: Stablecoins serve as a stable store of value and a medium of exchange within the cryptocurrency ecosystem, facilitating trading and investment activities.

4. Tokenization of assets: Stablecoins can be used to represent traditional assets, such as stocks, bonds, and real estate, on the blockchain, enabling fractional ownership and enhanced liquidity.

5. Central bank digital currencies (CBDCs): Stablecoins provide a foundation for exploring and implementing CBDCs, which could revolutionize central bank operations and financial inclusion.

The global market for stablecoins is expected to grow significantly in the coming years, driven by increasing adoption across these use cases and advancements in blockchain technology. Estimates suggest that the stablecoin market could reach a value of trillions of dollars within the next decade.