Keynote: Making Sense of Stablecoins
summary
Claims that Tether on Tron drives most on‑chain payments, with nearly $180 billion supply and a 400x growth in five years, backed by on‑ramps used for inter‑exchange arbitrage and Binance as the largest holder. Data shows Argentina volumes up 10,000% for dollar access. Bridge sells to Stripe for $1.1B, signaling ramps-as-API success. Central issuers earn outsized yield (Tether ≈ $8B profit reported) and stablecoins settle 24/7, programmable and highly traceable.
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