Stablecoin adoption on the rise…Supply expected to reach $1 trillion by the end of this year

It has been predicted that the total supply of stable coins will reach $1 trillion by the end of this year. On the 29th (local time), David Pakman, investment director of Coin Fund, said,
"The adoption of stable coins is spreading," he said, predicting that "the supply of stable coins will surge to $1 trillion this year." He added, "The supply is small compared to traditional financial markets, but the blockchain is
"This will be a meaningful turning point for the blockchain-based financial market," he said. "In particular, if the inflow of on-chain funds coincides with increased interest in ETFs, it will be a catalyst for the decentralized finance (DeFi) ecosystem."
The system may be strengthened."