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Analysis: The rise of stablecoins is hindered by ongoing exchange costs.
According to Golden Finance, although stablecoins have reached the desired peak period, senior professionals in the broader fintech circle believe that as an emerging payment tool, stablecoins have limitations. According to data from Visa and Allium, by 2025, the trading volume of stablecoins is expected to reach $5 trillion through 1 billion payments, which is not far off from the total of $5.7 trillion in 2024. Since U.S. President Donald Trump won the election in November 2024, the total value of these cryptocurrencies, which aim to closely track the prices of existing currencies like the dollar, has increased by 47%, reaching $255 billion.