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Stablecoins have long been considered the quiet workhorses of crypto, yet the market is anything but. Today, the total market capitalisation has exceeded US$283 billion, with Tether’s USDT alone accounting for more than US$168 billion, per data from DefiLlama. What began as a mechanism for traders to hedge volatility has evolved into a global market […]
The post Australia’s Next Chapter in Digital Money: Why Yield-Bearing Stablecoins Matter appeared first on Crypto News Australia…
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Australia’s Next Chapter in Digital Money: Why Yield-Bearing Stablecoins Matter
Stablecoins have long been considered the quiet workhorses of crypto, yet the market is anything but. Today, the total market capitalisation has exceeded US$283 billion, with Tether’s USDT alone accounting for more than US$168 billion, per data from DefiLlama. What began as a mechanism for traders to hedge volatility has evolved into a global market