Stablecoin adoption spreading at ChatGPT-like pace, says Token Terminal

Stablecoins are spreading throughout the cryptocurrency market at a pace comparable to ChatGPT, according to an analysis by Token Terminal posted on X. The firm stated that stablecoins are achieving viral adoption across consumers, businesses, banks, and governments. It added that, similar to the artificial intelligence industry, the U.S. holds a dominant position in the sector and is actively working to expand its market share.