Stablecoins to Scale if Tech Giants Continue Adoption: Bitwise
8 Articles
8 Articles
Stablecoins to Scale if Tech Giants Continue Adoption: Bitwise
Stablecoins are more likely to go mainstream if adopted by major technology companies, a shift Bitwise says could help push the market closer to a projected $4 trillion by the end of the decade. Bitwise chief investment officer Matt Hougan said on Tuesday that DoorDash and Meta’s recent use of stablecoins for payments in limited projects is likely “the real killer app of stablecoins.” “On a relative basis, these are not a big deal. Both are pil…
Major Tech Giants Signal Stablecoin Revolution as Meta and DoorDash Launch Payment Pilots
TLDR Bitwise’s Matt Hougan identifies Meta and DoorDash stablecoin initiatives as evidence of mainstream real-world integration Current $318 billion stablecoin market projected to potentially hit $4 trillion by decade’s end, according to Citigroup analysis Meta introduced stablecoin-based creator compensation in Colombia and the Philippines; DoorDash revealed stablecoin payment option in April Bridge’s Ben O’Neill warns that Tether and Circle m…
Bitwise CIO Says Stablecoin Payouts Could Drive $4 Trillion
Large technology firms are testing stablecoin payouts as Bitwise’s Matt Hougan sees a path toward a $4 trillion market by 2030. He said early pilots could expand stablecoins from roughly $300 billion today even while current use remains limited in size. Hougan, chief investment officer at Bitwise Asset Management, shared the view in a client […]
Bitwise CIO Backs Stablecoin Push as Tech Giants Test Use
Bitwise CIO sees stablecoin pilots by tech firms pushing supply toward a $4T market by 2030. DoorDash and Meta tests show stablecoins gaining ground in real-world cross-border payments. Firms adopt stablecoins to cut delays and simplify global payouts using wallet-based transfers. Large technology firms are increasingly testing stablecoin payments, a move that could reshape how money flows across global platforms. Bitwise Chief Investment Office…
Key news points: The Bitwise CIO projects that the stablecoins will reach an offer of $4 trillion by 2030, compared to the current $302 billion. DoorDash and Meta are developing payment pilots in stablecoins for millions of workers and creators in more than 40 countries using Solana and Polygon. Western Union launched USDPT in Solana and Visa reported an annualized volume of $7 billion in its settlement pilot. Bitwise investment director Matt Ho…
Bitwise CIO Matt Hougan: Big Tech Stablecoin Adoption Could Unlock $4 Trillion Supply by 2030
TLDR: Bitwise CIO Matt Hougan says stablecoin supply could grow from $300 billion to $4 trillion by 2030. DoorDash is testing stablecoin payouts for 10 million Dashers across more than 40 countries via Stripe. Hougan argues simplicity, not cost...
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