Stablecoins go reach $1.2T as US bills pass, ETH dey rally
PANews don tok say di stablecoin market go grow reach $1.2 trillion by end of 2025, from $260 billion wey e bin dey mid-2023. Di growth na becos DeFi dey spread, exchange dem need more liquidity, plus institutional demand for payment rails dey rise. USDT dey lead with over 70% market share, wey USDC, BUSD, and DAI follow. For Washington, US House pass three crypto bills — Stablecoin Oversight Act, Digital Asset Market Integrity Act, and Blockchain Regulatory Clarity Act — to tighten reserve audits and compliance. Di bills don head go Senate now, showing say regulatory clarity dey grow, and traders hope say e go help market stability. News come coincide with over 10% rebound for Ethereum (ETH), wey dey trade near $3,500, plus 15-18% gains for Solana (SOL) and Cardano (ADA), as optimism around spot ETH ETF approvals and clearer stablecoin regulations booster bigger rally. Traders see all dis as bullish catalysts for crypto liquidity and asset demand.
Bullish
Di konvergens na di quick stablecoin growth, supportive US law and Ethereum set anew rally go likely push more buying pressure. For short term, clear reserve rules and spot ETF optimism dey boost trader confidence, support liquidity for key markets. For long term, $1.2 trillion stablecoin ecosystem anchored by strong regulation and institutional adoption go deepen market and reduce volatility, support steady demand for ETH and related assets.