Bangkok Post – Crypto’s $205bn stablecoin market set to go mainstream

A Bitcoin teller machine in San Francisco, California, on Monday Dec 30, 2024. The Bitcoin rally sparked by US President-elect Donald Trump's election victory in early November is stalling as 2024 draws to a close. (Photo: David Paul, Bloomberg)
A Bitcoin teller machine in San Francisco, California, on Monday Dec 30, 2024. The Bitcoin rally sparked by US President-elect Donald Trump’s election victory in early November is stalling as 2024 draws to a close. (Photo: David Paul, Bloomberg)

NEW YORK – While Bitcoin’s surge above $100,000 captivated the headlines in 2024, many financial firms were more focused this year on a different type of cryptocurrency whose price is never meant to rise — or fall for that…

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