‘Stablecoin’ Crypto Tokens Are Battle-Tested and Ready for Prime Time
Over the past few months, stablecoins have moved from industry pilot to front-page news. Visa expanded its settlement platform to support stablecoins, Stripe rolled out stablecoin payments, and PayPal launched its own PYUSD stablecoin token.
Stablecoins are digital tokens designed to hold a steady value, usually one U.S. dollar. They have moved from a crypto niche to everyday technology, with payment companies piloting them for faster, cheaper transfers and policymakers now shaping rules around how they operate.
Unlike Bitcoin, whose price can swing by double-digit percentages in a single day, a well-run stablecoin aims to stay at $1. That makes it practical for paying an invoice, buying goods online, or moving money across borders after…