The Growth Potential of Non-USD Stablecoins

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.