My biggest takeaways from the must-read a16z State of Crypto 2024 report:

- Stablecoins are now a top 20 U.S. debt holder, surpassing countries like Germany.
- $8.5 tn in stablecoin volume in Q2, more than double Visa ($3.9 tn) and dwarfing PayPal ($0.42 tn), but still behind ACH ($21.6 tn) and Fedwire ($284 tn).
- 4 of the top 5 rollup gas consumers are gaming-related.

My biggest takeaways from the must-read a16z State of Crypto 2024 report:

- Stablecoins are now a top 20 U.S. debt holder, surpassing countries like Germany.
- $8.5 tn in stablecoin volume in Q2, more than double Visa ($3.9 tn) and dwarfing PayPal ($0.42 tn), but still behind ACH ($21.6 tn) and Fedwire ($284 tn).
- 4 of the top 5 rollup gas consumers are gaming-related.

https://a16zcrypto.com/posts/article/state-of-crypto-report-2024