The global market capitalization of stablecoins has surged to $246 billion, more than 1,200% higher than the levels recorded in 2020. This immense growth coincides with the development of legislative initiatives in the U.S. aimed at regulating the sector.
Market Trends in Stablecoins
In 2024, transaction volume for stablecoins reached $28 trillion, surpassing traditional payment networks like Visa and Mastercard. Legislative measures such as the STABLE and GENIUS Acts aim to create clear standards and norms that promote the legitimacy of this sector.
Qubetics Development and Its Tools
Qubetics is a new blockchain ecosystem designed for high-efficiency development. Features like QubeQode and Qubetics IDE facilitate favorable conditions for businesses and developers, lowering the entry barrier for building Web3 applications. These tools provide opportunities for visual programming and simplify the process of creating smart contracts.
Avalanche and Tezos Dynamics
Avalanche shows an upswing, recovering from its recent downturn. Technical analysis suggests a price target of $32. Meanwhile, Tezos is expanding its presence in the NFT and gaming sectors, providing a platform for digital artists and developing collaborations with popular brands.
The stablecoin market continues to evolve, creating new opportunities for the integration and use of digital assets within financial systems. Projects like Qubetics, Avalanche, and Tezos are at the forefront of this evolution.
