i thought this was a great research by @thelearningpill on the development and growth on stablecoins. stablecoin becomes an entirely a new industry on its own.

i believe that once money learns to move instantly 24/7 across borders, it wont go back to 3-day wire transfers

because habits are the most durable moat in financial services

stablecoins didn't convince people to learn crypto

they embedded themselves into interfaces people already trusted:
- PayPal 434M users
- Telegram 800M users
- Nubank 127M
- Cash App 57M

it used a similar model to how TCP/IP go to market, by becoming invisible inside things people already used and going forward i believe to scale, this will be have to be the winning playbook for many other crypto products.

some key insights:
- 70 countries to 106 countries. non-US users up 422% year over year. Latin America. Africa. Southeast Asia leading adoption
- enterprise acceleration at 400% YoY
- in a country with 30% annual currency devaluation a dollar-pegged stablecoin isn't incrementally better than local banking

https://x.com/arndxt_xo/status/2034085957239246936