Marco Dal Lago, head of Tether's global strategy, highlighted the key use cases for Stablecoins at the Upbit developer meeting in Seoul. He said USDT is already a major tool for remittances in many countries, allowing traditional bank delays to be bypassed, especially on weekends.
This is just a part of a much larger storyline. “Great Specialization” of the Stablecoin sector as a whole to mature into a regulated, corporate-ready global financial rail.
Related: The US Treasury Secretary has made amazing entrance to stubcoin and national debt
Why is 2025 called “Stablecoin Summer”?
This statement comes during what industry participants call “Stablecoin Summer” following some well-known developments. The United States has enacted the Genius Act, the first federal regulatory framework for Stablecoins around the world.
At the same time, corporate giants like Amazon and Walmart are exploring the launch of their own Stablecoin, while Circle's public list shows a complete entry into mainstream finance.
Ripple gained momentum late last year, unveiling its own company-grade US dollar Stablecoin, designed for immediate payments, Fiat to crypto conversions, and tokenization of real-world assets.
Is the industry overcoming the collapse of Terrausd?
The industry is also building facility-grade infrastructure to prevent the repeated Terrausd collapse in 2022, erasing about $0.5 trillion from the market.
Research from companies like Ripple has worked with top business schools to actively consider hair removal risks to improve financial stability.
Related: Ripple's RLUSD vs Tether's USDT: Genius Act may rebuild Stablecoin rank
In addition to this, Circle has partnered with bank giants such as Deutsche Bank and Santander to launch the Circle Payments Network. The project is designed to compete directly with Swift by connecting regulated stub coins like USDC to a domestic real-time payment system.
Meanwhile, PayPal promotes the adoption of Pyusd Stablecoin by providing customers with an annual compensation rate of 3.7%, a direct incentive for users to hold and trade professionally managed and regulated Stablecoin.
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