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Why Wall Street Cares More About Stablecoins Than Bitcoin Right Now
As Bitcoin price keep failing below $80k, Wall Street no longer sees crypto as only a Bitcoin trade. Big banks and payment firms now focus on stablecoins because they solve real financial problems. The stablecoin market now holds more than $323 billion, according to DefiLlama. U.S. Treasury-backed reserves also continue to grow fast. Firms like Visa, Mastercard, Stripe, and major banks also keep expanding stablecoin services. They see faster payments, lower settlement costs, and new fee opportunities. Bitcoin still attracts attention, but stablecoins now attract business investment. Bitcoin remains the face of ... (full story)