a16z: Stablecoins have taken crypto mainstream
Since January, transactions with “stablecoins” have reached $46 trillion — 106% more than in the same period a year earlier. a16z Crypto analysts called the spread of stablecoins the clearest indicator of the crypto industry’s maturity.
Our latest State of Crypto report is here.
The main theme for the year is the maturation of the crypto industry:
• Traditional financial institutions and fintechs launched crypto products
• DeFi and stablecoins went mainstream
• Blockchains got faster and cheaper
•…
