Stablecoins represent a profound contradiction at the heart of cryptocurrency’s evolution. Born from blockchain’s promise of decentralization, they now dominate a $160
billion market by embracing centralized control – a necessary compromise to achieve price stability. This tension has ignited a geopolitical arms race, with the U.S. passing
its Stablecoin Bill, Hong Kong enacting the Stablecoin Ordinance (effective August 1, 2024), and institutions like Circle leveraging regulatory clarity for a 750% IPO surge. As
Trump’s USD1 coin draws $20 billion from Abu Dhabi and emerging markets like Argentina adopt stablecoins for survival, these digital tokens reveal how engineered
stability reshapes global power structures.
To get the full report, please contact us at [email protected]