Bitwise: it's time to focus on stablecoins

In a post on the X platform, Bitwise says it's time to pay attention to stablecoins, and lists three reasons why: 1) the top five stablecoins collectively hold more U.S. Treasuries than some G20 countries, such as Germany; 2) Visa and other publicly traded companies are adopting stablecoins; and 3) Tether, the head stablecoin issuer, outperformed BlackRock last year in terms of profits.