The tweet was deleted by the author.
But we saved everything 🙂.
Dan Tapiero highlights a significant shift in stablecoin trading volumes. He notes that Circle's stock has dropped 80% from its peak seven months ago, yet the total trading volume of stablecoins reached $33 trillion last year.
In January alone, stablecoin volume was $10 trillion, with USDC accounting for $8 trillion of that total. Tapiero predicts that the total addressable market (TAM) for stablecoins will exceed $1,000 trillion.
Tapiero’s outlook for stablecoins’ exponential growth brings to mind his broader perspective on the sector’s leading participants, especially in the context of platforms like Coinbase. His previous analysis of a potential trillion-dollar future for Coinbase further underscores expectations for the expanding role of digital assets in global finance.