Daren Matsuoka
@darenmatsuoka
Stablecoins have found product market fit and this chart shows it. Stablecoin activity is largely uncorrelated to crypto market cycles – organic, non-speculative use appears to be widespread and growing even as crypto trading volume fluctuates.
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Francesco Piccoli
@francescop
How did you classify an address as “stablecoin active” for this chart?
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jamesyoung.eth
@jamesyoung
real utility, real users — let’s go!
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Koolkheart
@koolkheart.eth
This is one of the clearest signs that crypto has real utility beyond speculation. Stablecoins are the infrastructure quietly powering global payments
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NotBaldLagrange.sol - zkTLS/acc
@eulerlagrange
Are centralized stables crypto though?
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Nico Gallardo 🍄
@nicnode
do you think we’re gonna see stablecoins that are not pegged to fiat get PMF? or what do you think is the next step for stablecoins (esp. with the current geopolitical climate)?
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Omorogbe Lucky
@brainz
Thanks for the information
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John
@johnl
Why do you say organic non-speculative? Pretty sure the majority of growth is secondary to elevated fed funds rate being superior risk adjusted return and people yield chasing that. Will be interesting to see what happens if/when fed cuts. Perhaps post stablecoin bill we will see payments and corp treasuries etc.
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SQX
@sqx
Defi has as well IMO. Democratizing the banker is good. It is a win win. (Only losers are bankers and their spreads, but they can still have fun when deep liq is needed)
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