Bitwise: Now is the time to focus on stablecoins
Bitwise posted on the X platform that it is time to focus on stablecoins, and listed three reasons:
1. The top five stablecoins collectively hold more U.S. Treasuries than some G20 countries such as Germany.
2. Visa and other public companies are adopting stablecoins.
3. Leading stablecoin issuer Tether surpassed BlackRock in profits last year.