Every day, billions of dollars move across blockchains through stablecoins. The market is dominated by USDT ($175B market cap) and USDC ($75B), but a growing ecosystem of new entrants is expanding the landscape. Stablecoins are no longer a crypto sideshow — they’re becoming one of the largest financial innovations since the rise of electronic payments.
Their use cases are broad, but four stand out: • Hedging in high-inflation economies • Cross-border payments and remittances • DeFi and programmable finance • Trading and liquidity
Of these, the cross-border and remittance use case has the biggest growth potential. USD-denominated stablecoins are quietly replacing SWIFT for small and mid-sized flows — allowing money to move across the world in seconds, not days.
Stablecoins vs. SW