Understanding USDT, USDC, and PYUSD — The $170 Billion Market That’s Quietly Revolutionizing Cash
Attempting to ship $500 to a buddy in Argentina throughout their forex disaster, you’re met with $45 in financial institution charges, a 5-day processing delay, and an alternate charge that appears like theft. In the meantime, the peso is collapsing by the hour — so day-after-day of delay means your buddy loses actual buying energy.
This state of affairs highlights why stablecoins — digital currencies designed to keep up a steady worth — have quickly grown right into a $170 billion market, now processing extra each day quantity than Bitcoin and Ethereum mixed.
Whereas most individuals fixate on crypto value swings and meme coin hype, stablecoins are quietly fixing real-world issues. They’re the “boring” digital {dollars} that received’t make headlines with 1000% positive aspects, however they’re essentially remodeling how cash strikes around the globe.
Consider stablecoins as digital variations of conventional currencies, designed to keep up a steady worth…
