Stablecoins are rapidly emerging as a global medium of exchange and crypto's most impactful use case. Recent data highlights their dominance:
- **$150–200B weekly volume** settled on-chain via stablecoins, compared to Bitcoin’s $25–50B.
- **$160B total USD-pegged stablecoin supply**, with Bitcoin’s market cap at $1T+.
- Stablecoin velocity exceeds Bitcoin by 20x.
The demand isn’t for Bitcoin payments—it’s for fast, borderless, intermediary-free digital dollars. Stablecoins are outpacing traditional systems, evolving into a universal settlement layer.
Why Stablecoins Need Robust Infrastructure
A successful stablecoin ecosystem requires:
- Efficiency: Speed, low cost, reliability.
- Security: Trustless transactions.
- Adoption: Leveraging existing networks.
Most crypto adoption (users, apps, developers) resides in the Ethereum Virtual Machine (EVM) ecosystem. However, EVM’s scalability limitations hinder stablecoin potential. Enter Monad: a parallelized EVM-compatible Layer 1 chain that unlocks high-speed, low-cost stablecoin transactions.
The EVM Advantage: Crypto’s Mobile Payment Moment
Stablecoins on EVM are like mobile-powered Web2 payments:
- Traditional systems (bank transfers) work, but users live on mobile.
- Similarly, crypto users operate largely within EVM ecosystems.
Monad’s innovation: Optimizing the EVM base layer to enable peer-to-peer stablecoin payments at scale, mirroring the rise of digital payment apps (Apple Pay, Google Pay).
Stablecoins & Online Commerce: A Perfect Match
McKinsey’s 2023 report reveals:
- 73% of digital payments are for online purchases (vs. 25% in-store).
- Consumers adopt novel payment solutions faster online due to credit card friction (e.g., manual data entry).
Stablecoins solve this by offering:
✅ Instant settlements.
✅ Lower fees.
✅ Global accessibility.
Monad’s Role in Global Stablecoin Adoption
Monad’s scalability and EVM compatibility position it as the backbone for stablecoin growth. Companies like:
- Felix
- Yellow Card
- OvalFi
...are already driving stablecoin adoption in emerging markets. Monad powers this next-gen payments layer, and CIV actively supports builders in this space.
👉 Explore how Monad transforms stablecoin infrastructure
FAQs
Q: How do stablecoins compare to Bitcoin for payments?
A: Stablecoins settle 20x faster and are pegged to stable assets (e.g., USD), making them ideal for daily transactions.
Q: Why is EVM compatibility important?
A: EVM hosts most crypto activity; Monad enhances its base layer to support massive stablecoin volume.
Q: Which industries benefit most from stablecoins?
A: E-commerce, remittances, and emerging markets—where speed and cost matter.
Disclosure: CIV invests in Monad, Felix, Yellow Card, and DolarApp.