According to the evaluations of the neutral research organization Atlantic Council, stablecoins may play a decisive role in the adoption of the US dollar. The research says that the current size of the Stablecoin market is quite small compared to other financial markets.
The possibility of change in dollar reserves
The analysis demonstrates its relatively smallness of the $ 227 billion stablecoin market in the face of US capital market of $ 6.22 trillion and the crypto market value of $ 3.39 trillion. However, with the continuation of existing double -digit growth rates, the market value of stablecoins may increase.
The study emphasizes that the majority of stablecoins are fixed to the US dollar. Fast trading volume and adoption rates support the idea that it can have different effects in the future reserve money markets.
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Barbara C. Matthews and Hung Tran: “If the existing two -digit growth rates continue, the stablecoins may have a significant share in the general crypto market. At the same time, the fact that most of the stablecoins are indexed to the US dollar may have effects on the global money order. ”
Policy and Future Expectations
Analysts say that the share of the US dollar in global foreign exchange reserves was 71 %in 2001, but today it decreased to 54.8 %. This paves the way for the prediction that the adoption of stablecoins can reverse this tendency of the dollar.
In the study, it is stated that policy preferences to be made until 2025 can play an important role in the evolution of stablecoin and dollar markets.
Barbara C. Matthews and Hung Tran: “Individual user preferences may affect the global reserve money situation. The spread of stablecoins indexed to US dollars can reversed the tendency of de-dialectization. The decisions of politicians towards 2025 will play a decisive role in market development. ”
In the future assessments, the increasing popularity of stablecoins may have indirect effects on the global financial structure. This may increase the likelihood of different currencies in the market. Politicians aim to approve of regulation on stablecoins within 100 days in the USA.
The results of the research indicate that the steps taken by regulatory institutions and policy makers can reshape balances in the global currency system. The data reveals that it should be carefully evaluated in terms of monitoring changes in the market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
