{"id":13900,"date":"2025-02-19T13:31:33","date_gmt":"2025-02-19T13:31:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13900"},"modified":"2025-02-19T13:31:33","modified_gmt":"2025-02-19T13:31:33","slug":"stablecoins-are-a-big-deal-but-not-where-youd-expect-bernstein-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13900","title":{"rendered":"Stablecoins Are A Big Deal, But Not Where You&#8217;d Expect, Bernstein Says"},"content":{"rendered":"<div>\n<p>Stablecoins are becoming <a href=\"https:\/\/www.benzinga.com\/news\/events\/24\/12\/42348790\/stablecoins-a-new-tool-for-us-dollar-dominance-global-financial-access\">a significant force<\/a> in financial markets, but their impact is concentrated outside of traditional payments, according to a new report by <strong>Bernstein<\/strong> on Wednesday.<\/p>\n<p>While their market capitalization has surged to approximately $220 billion\u2014marking a 74% increase compared to last year\u2014their primary use case remains within crypto capital markets rather than mainstream payment systems\u200b.<\/p>\n<p><strong>What Happened: <\/strong>Bernstein&#8217;s analysis highlights that the vast majority of stablecoin activity is tied to crypto trading, lending applications, and decentralized finance rather than consumer payments.<\/p>\n<p>&#8220;In retail domestic payments, stablecoins are a solution looking for a problem,&#8221; the report states. <\/p>\n<p>Existing financial rails, such as Automated Clearing House (ACH) and real-time payments (RTP), already provide cost-effective alternatives that are underutilized. <\/p>\n<p>Additionally, credit cards continue to dominate due to the value-added services they offer, including chargeback protection and fraud mitigation\u200b.<\/p>\n<p>However, stablecoins are gaining traction in cross-border financial transactions, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43810566\/stablecoins-are-a-big-deal-but-not-where-youd-expect-bernstein-says\" alt=\"Stablecoins\" are a big deal but not where you expect bernstein says>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stablecoins are becoming a significant force in financial markets, but their impact is concentrated outside of traditional payments, according to a new report by Bernstein on Wednesday. While their market capitalization has surged to approximately $220 billion\u2014marking a 74% increase compared to last year\u2014their primary use case remains within crypto capital markets rather than mainstream [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13900","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13900"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13900\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}