Stablecoins have surpassed $300 billion in market cap but most sit idle, with only $4.6 billion yield-bearing and velocity stuck at 5x amid looming Senate

O’Connor argues that crypto’s clearest success story has scaled as money but not as capital.

Stablecoins have surpassed $300 billion in market cap but most sit idle, with only $4.6 billion yield-bearing and velocity stuck at 5x amid looming Senate