Chamath: Two Reasons Stablecoin Usage Will Surge in 2025

I think the biggest business winner of 2025 are going to be dollar denominated stable coins oh in 2024 two critical things happened the first is that stable coins essentially became uncoupled from crypto volatility and it started to be used for wholesale useful functions in running businesses independent of crypto volatility what you saw were stable coin usage just rising up and to the right the second and this data is still just trickling in but it's an incredible stat stable coin usage at the end of the second quarter of 2024 was about 1.1 billion transactions that summed to $8.5 trillion of transaction volume if you compare that to Visa over the same

period it was more than double visas transaction volume I think what we have now is something that has fundamentally crossed a point of no return I think we're going to finally attack the duopoly of visa and MasterCard I think you're going to see an inal number of use cases that sit and use stable coin rails When Donald Trump becomes president I think you're going to see him go after incredibly High credit card transactions and costs you're already seeing trcks in consumer credit anyways because of these high aprs all of this stuff is going to come to a head in 2025 and I think stable coins could quadruple or quintuple by the end of 25 I think it's just going to be an enormous Market