Monad & Stablecoins
Stablecoins are fast becoming a mass global medium of exchange, and crypto’s killer use case. Currently, stablecoins are responsible for approximately $150–200B of weekly volume settled on-chain, while Bitcoin’s relative measure ranges from $25–50B. Total USD-pegged stablecoin supply currently hovers around $160B, while Bitcoin’s market cap is comfortably $1T+. The velocity of stablecoins exceeds that of Bitcoin […]