Stablecoin is no longer a niche innovation within the cryptocurrency world. With annual transfer volumes reaching $27.6 trillion in 2024—a figure 7.7% higher than the combined volume of Visa and Mastercard, according to a Jan. 31 report by crypto exchange CEX.io., it is fast becoming a cornerstone of global finance. Its rise marks a pivotal moment in the evolution of money, as regulatory frameworks worldwide catch up to innovation, paving the way for broader adoption.

This article explores why Stablecoins are gaining traction and how regulatory momentum is shaping their future.

Stablecoin: The Next Wave of Digital Finance

Author Information

  • Author
    Ray Park
    Department
    Co-Head of Research and Consulting Division
    Organization names and Job titles
    NRI America
  • Author
    Ankit Awasthi
    Department
    Senior Manager
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    NRI America
  • Author
    Abhishek Sachan
    Department
    Senior Consultant
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    NRI America