INSUBCONTINENT EXCLUSIVE:
Stablecoins have become the backbone of internet payments, with adoption now outpacing major traditional card networks in onchain volume,
leverage onchain infrastructure, enabling faster and cheaper transactions
online.Alchemy, which provides infrastructure to some of the largest stablecoin ecosystems, is at the center of this transformation
Circle, and PayPal.Related: European Commission downplays stablecoin risks, counters ECB warningStablecoins used for various purposesHurwitz
with broad adoption emerging across cross-border payments and prediction markets like Polymarket.He added that stablecoins have become
massive buyers of US Treasurys, with Tether (USDT) alone generating $13 billion in profits last year while holding around $113 billion in US
challenges stemming from the fragmented blockchain landscape.Institutions, he explained, want to move quickly but must assess provider
reliability and counterparty risks, especially in a nascent industry
to Kinexys, a tokenized bank deposit launched by JP Morgan, as a major milestone
Act, the regulatory landscape is becoming clearer and more structured, which benefits established financial players while also encouraging
blockchains, especially layer 2 networks, to better scale and monetize their ecosystems.He predicted that infrastructure improvements would
that they can serve as money in a modern financial system.The BIS Annual Economic Report 2025 claims stablecoins fail critical singleness,
elasticity, and integrity tests
