Stablecoins, the Beating Heart of Crypto Markets – Kaiko
Stablecoins have been everywhere in 2025, and show no signs of slowing down. Each week, more firms join the stablecoin race, and not just crypto natives. Traditional wire transfer giant Western Union was the latest to announce a stablecoin project last month, following other financial service firms such as Stripe and Fiserv.
As the pegged assets see increased attention, we break down how they’re used in crypto markets, from trading and beyond, into DeFi.
Stablecoins, the Beating Heart of Crypto Markets
by Adam Morgan McCarthy AND thOMAS PROBST
In crypto stablecoins are more than just trading vehicles, they’re at the heart of the market. They’re also highly profitable for their issuers, and this raises concerns for some, and brings…
