How much growth potential is there for stablecoins?

CN
1 year ago

How much growth potential is there for stablecoins?

In its 2025 outlook, Coinbase mentioned that by December 2024, the total market capitalization of stablecoins will be $193 billion. Some institutions believe that the stablecoin industry could grow to nearly $3 trillion in the next five years. This indicates a potential for several times growth!

At the same time, Coinbase also suggested that the next wave of true adoption in cryptocurrency may come from stablecoins and payments.

This also explains why institutions and exchanges are investing in and listing stablecoins.

Sui, as the leading figure of the new generation of L1, is widely regarded as having the potential to take over from Solana. Currently, stablecoin USDC has been deployed on Sui, but the competition in decentralized stablecoins remains fierce, with @bucket_protocol currently in the lead.

Data from Bucket Protocol:

~27% annualized yield

$42M+ TVL

The TGE of the native token $BUCK is set for January 13, 2025.

A week before the launch (January 6), 25% of the $BUT supply will be distributed through presale and airdrop:

Token presale: 15%

Community airdrop: 10%

Definitely worth keeping an eye on; it's a great opportunity.

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