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Author: B2BINPAY CEO Arthur Azizov, Cointelegraph; Compilation: White Water, Bit Chain Vision Realm
The stabilized currency market will end in 2024 and achieve extraordinary development achievements.What should we expect in 2025?
Before looking forward to the future, we must review what we have left.
The stabilized currency market in 2024
In 2024, the trend of previous years continued.Major publishers such as Tether and Circle have tried to linked stablecoins linked to currency other than the US dollar, but the progress is slow.The stable currency supported by the euro is still a kind of niche products with relatively low market value, and even the entrants of big names are difficult.
The market shows obvious preferences for Tether’s USDT and Circle’s USD Coin, and few people are willing to try new things.This hesitation may be caused by the shadow of the past collapse, such as the collapse of Terraform Labs and its stablecoin Terrausd (USS) in 2022.This collapse shocked people’s trust in algorithms and decentralized stable coins. Although they still have supporters, their market share is still small compared to USDT and USDC.
Overall, 2024 is very positive for the encryption world.Bitcoin has soared to $ 100,000, and regulatory frameworks are being formulated worldwide, and traditional financial institutions have begun to get involved in the market.The total amount of stablecoins has continued to increase and has continued to refresh the record.In Singapore, the value of stable currency payment has reached US $ 1 billion, and its global use will continue to grow.
Looking forward to the future, the following are the four predictions on the stabilized currency market in 2025.
Increased stable coins by regulatory
2025,We may see that financial institutions issue more stablecoins.Tether has proven the profitability of this model. After depositing the reserve in the U.S. Treasury, the net profit was $ 5.2 billion in the first half of 2024.
This strategy is like this: 1) the launch of supervised stable currency, 2) negotiation with well -known exchanges to promote it, 3) to obtain stable benefits through investment statutory reserves.In order to attract customers, the exchange canceled the commission of stable coins.This formula is too attractive to traditional financial giants and cannot be ignored.
Bank intervention services
The EU Crypto Assets Market (MICA) supervision will be fully implemented in January 2025, which will become an important catalyst.MICA requires stable currency issuers to obtain permits and provide clear frameworks for financial institutions to enter the cryptocurrency market.
The clarity of this supervision will open the door to the bank’s hosting service, which is essential for integrating cryptocurrencies to traditional financial systems.The custody solution enables banks to store digital assets safely on behalf of customers, and provide service for institutional investors and cautious retail users.
European market transformation
At present, people are concerned about Tether’s USDT stable coins.It occupies a dominant position in the market, but lacks the permission required by MICA compliance, and there are rumors that the exchange is preparing to remove USDT for European users.If Tether cannot obtain permission, it may lose a large market share in the region.Such moments may open the door for regulatory alternatives such as USDC, and USDC has been approved by Europe.
MICA’s framework may encourage local participants to enter the market with stablecoins supported by the euro, thereby creating more competition, and may transfer the market dynamics from the US dollar -centered choice.
Stable currency is linked to local currencies
Another trend worthy of attention in 2025 is the growth of stable currency linked to local currencies.In 2024, the National Central Bank of the Arab Emirates approved the launch of Diram’s support for the stabilized coin AE Coin, which is said to be the first stablecoin regulated by the central bank.
As countries are increasingly seeking economic digitalization, local stable coins will be integrated into the local banking system.
Outlook of Stable Coin Circuit in 2025
The overall development trajectory of stablecoins is full of hope.By 2025, the stabilized currency market will not only grow, but also mature.
Cerplants, new entrants, and wider adoption will transform stable coins from niche financial instruments to mainstream asset classes.Stable coins will provide faster, cheaper and more inclusive financial services, and combine with traditional financial.
In 2025, the large -scale use of stable coins will begin.Earlier, as Mica landed in Europe and elected President Donald Trump landing in the United States, more new players were about to enter.The market also looks forward to new and more friendly laws on cryptocurrencies.
The total market value of USDT and USDC may double or even three times, and the overall market size is expected to grow.Localized stable coins will also play an increasingly large role, which may challenge the dominant position of the US dollar and diversify the market.
