Why Wall Street Cares About Stablecoins More Than Most Crypto Tokens
Wall Street is increasingly focused on dollar-pegged stablecoins, which are becoming integral to payments infrastructure, regulatory frameworks, and government financing. Major corporations like PayPal and Visa are adopting stablecoins for their efficiency in transactions. Stablecoins also impact U.S. government debt, as issuers hold significant Treasury bills. This shift challenges traditional banking models and influences interest rate markets. Regulatory clarity, such as the GENIUS Act, is expected to boost stablecoin market capitalization, attracting institutional capital.
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