Surprisingly to some, the list of use cases for stablecoins has exploded during a market downturn, further engendering their use to fintechs, payment companies, institutional banks and investment firms. Many of these market participants are either already utilizing stablecoins in everyday finance or are exploring ways to do so.

In our guide, "The Rise of Stablecoins and the Future of Finance," we show how the steep rise in stablecoin use inspires other market participants and how digitizing stable assets will ultimately unlock the potential of global financial markets.

The guide provides the context of stablecoins' accelerating acceptance, noting key points in their rise, such as:

• Stablecoins used as a digital asset for settlement and trading are represented by a total value settled topping $7T in 2022

• Estimates see as much as $5T of global assets moving to stablecoins and other digital money formats by 2030

• Why using regulated stablecoins is crucial, as only regulated stablecoins provide proper transparency and reserve composition oversight

As mainstream adoption of stablecoins scales, we will continue to see important benefits for the financial system. Yet despite stablecoins’ obvious advantages and the surging market enthusiasm behind them, stablecoin issuers must fully comply with current and future regulations to maintain the integrity of all financial markets.

Trust Charter vs. Money Transmitter License

*This is a distinguishing feature of Paxos-issued stablecoins from MTL-based and unregulated stablecoin issuers. If MTL-based and unregulated stablecoin issuers become insolvent, customers would become exposed to delays, and courts could determine customer assets belong to the senior creditors of the issuer’s bankruptcy estate.

To learn about the rise of stablecoins download your free copy of “The Rise of Stablecoins and the Future of Finance”.