Private Sector Stablecoin Market Predicted to Reach $250 Billion in 2024

This chapter discusses the significant growth of stablecoins, particularly dollar-denominated ones, and predicts that the private sector stablecoin market will continue to grow and reach $250 billion next year. It highlights various catalysts such as PayPal's launch of a stablecoin and the adoption of settlement with stablecoins by companies like Visa and checkout.com.