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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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