The Growth Potential of Non-USD Stablecoins

Written By Bryony Melhuish

In Cumberland's latest research report, we explore a growing corner of the crypto ecosystem that not only checks all the technological prerequisites, but also has a clear product-market fit: the non-USD stablecoin. Although currently the market cap for all non-USD stable coins rounds to roughly zero - USD stablecoins make up more than 99.3% of the market cap of all fiat-linked stablecoins - there are several developing use cases for non-USD stablecoins that could stimulate considerable growth in the sector. We see an important role for these stablecoins in the healthy development of the ecosystem. 

For a thorough investigation of the current state of the market, the exciting use cases, and what factors will ultimately drive the adoption of the sector, please read more here.

 

About Stablecoin Standard

Stablecoin Standard the industry body for stablecoin issuers globally, focused on real world applications for stablecoins. We share international best practices, business development use cases, industry led working groups, define what a high-quality liquid stablecoin should look like, and engage with policymakers domestically & internationally. 

Bryony Melhuish

Creative brand + web studio for businesses that want to go place.

https://www.shiiftcreative.com
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