Stablecoins have evolved into a core component of digital finance—powering payments, DeFi, and global remittances. With over $225 billion in market cap, USDT, USDC, and new institutional entrants like PayPal’s PYUSD are leading a new wave of digital dollar adoption.

At the same time, central banks are accelerating their response. Over 130 countries are actively developing CBDCs, with digital yuan and e-rupee deployments signaling a shift in sovereign currency infrastructure. These public initiatives are reshaping monetary policy and regulatory influence in the digital asset space.

From TerraUSD’s collapse to JPMorgan’s blockchain-based settlement systems, the stablecoin sector is undergoing a rapid transformation—marked by innovation, competition, and a tightening demand for regulatory clarity and trust.