Stableecoins move quickly from niche products to core payment infrastructure, according to Asset Management Giant DWS.
With a combined market cap over $ 250 billion and quantities of transaction surpassing Visa (V) and Mastercard (MA), they have become liquid, globally traded assets favored by institutions, DWS said in the report last week.
EURO STABRECOINS sets new benchmarks for efficiency and acceptance, according to the report.
Stableecoins are cryptocurrencies whose value is bound to another asset, such as the US dollar or gold. They play an important role in cryptocurrency markets, provide a payment infrastructure and are also used to transfer money internationally.
The German investment manager sees regulation as Europe’s markets in crypto assets (MICA) regulation that drives adoption, while growing liquidity and interoperability make stableecoins integrated into banking, Treasury and B2B payment systems. This integration could unlock new use cases, from mass payments to automated settlements.
Still remaining risks, DWS said. These include reserve transparency, issue trust and regulatory shifts.
“Stableecoin exemplifies the transformation of the financial system by combining stability with innovation and efficiency with certainty,” said Alexander Bechtel, DWS’s global head of digital strategy, products and solutions; In the report.
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