Stablecoins Offer A Safe Haven For Companies Entering The Crypto Market – Report
While Bitcoin’s (BTC) remarkable rise above $100,000 captured the attention of the financial world in 2024, a different segment of the cryptocurrency landscape is quietly gaining traction: stablecoins.
Mainstream financial players such as Visa, PayPal, and Stripe are increasingly investing in stablecoin projects—cryptocurrency tokens designed to maintain a stable value, typically pegged to the US dollar or other traditional currencies.
Global Demand For Stablecoins Soars
This burgeoning sub-sector of digital assets has proven to be remarkably lucrative. Issuers of stablecoins can now invest the reserves backing these tokens into short-term US Treasuries, which offer attractive yields.
Unlike the volatile nature of…
