When people ask for use cases for crypto, now you have something significant to share. 

Stablecoins reached $8.5 trillion in transaction volume across 1.1 billion transactions in the second quarter of 2024, which ended on June 30th.

Stablecoin transaction volumes more than doubled Visa’s $3.9 trillion in transactions over the same period.

We are at a tipping point now that Stablecoins have found product-market fit, and I don't think we will see a reversal in this trend.

cc: @eriks @ted 
Source:

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

Porto Seguro, State of Bahia, 45810-000, Brazil

/positivesum, investor, photographer, nomad, exploring onchain & exploring the 🌎 building generational.xyz

When people ask for use cases for crypto, now you have something significant to share. 

Stablecoins reached $8.5 trillion in transaction volume across 1.1 billion transactions in the second quarter of 2024, which ended on June 30th.

Stablecoin transaction volumes more than doubled Visa’s $3.9 trillion in transactions over the same period.

We are at a tipping point now that Stablecoins have found product-market fit, and I don't think we will see a reversal in this trend.

cc: @eriks @ted 
Source: https://a16zcrypto.com/posts/article/state-of-crypto-report-2024/#section--4

Photographer + Channel Owner /nature + /lightchasers + /positivesum
https://linktr.ee/jlcolton 
https://app.icebreaker.xyz

the perfect way to onboard billions - only for them to then see and understand the power of truly decentralized money

first one is 10-20 yr goal
second one is 20-50 yr goal

I do think stablecoins are an unlock for mass adoption when you look at this chart. An interesting idea is that in two years, Stablecoins might be #2 on this list.