Andreessen Horowitz’s crypto arm says the word “stablecoin” has become a relic of crypto’s volatile early years. The label, the firm argued, will fall out of use as digital dollars settle into mainstream finance.

The firm argued that stability has stopped being the category’s defining feature. The technology has outgrown its original name. It now sits at the center of a global payment system.

Stability is the floor, not the feature

In a post published this week, a16z compared “stablecoin” to “horsepower.” Useful when explaining a new machine through a familiar one, then outdated, then stuck.

The original problem was simple. Wild crypto volatility kept the technology unusable for everyday savings, lending, or payments….