Stablecoins Are Taking Over

Everyone loves stablecoins it's a way to move funds around without the potential lose of money just because you're moving from one asset to another. However these stablecoins are now producing massive amounts of transactions that are often killing normal transactions that would take places on networks such as bitcoin.

We are also seeing a massive decline in the amount of crypto that's used for every day spending. 2021 saw an explosion of paying for things with crypto. However to this day those rates have fallen by 5% or more in some cases.

However where we are seeing the uptick is in stablecoins as they are introduced into payments systems like Coinbase, Visa and more. A major issue to this is because Bitcoins processing times are just too slow and the network fees too high for it to ever become a mainstream system. Instead it seems like either the bitcoin lighting network may stand a chance or more likely stablecoin tokens in digital format for