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Stablecoin Supply Growth Has Slowed but Payment Usage Continues to Rise

(1 hour ago) · 1 source · Summarized by CryptoBipto

Despite a slowdown in the growth of stablecoin supply, their use in payments has continued to expand. The trend suggests that stablecoins are increasingly being used for transactions rather than purely for trading or speculation.

WHY IT MATTERS

Stablecoins are a type of cryptocurrency that tries to keep a steady price, usually matching one US dollar per coin.

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SOURCES

  • coindesk.com

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StablecoinsCrypto PaymentsDigital PaymentsAdoption Trends