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To put the token numbers in context, $6 billion a minute is three quadrillion tokens a year. All of the humans in the world together speak 50 quadrillion tokens a year.

The emergence of stablecoins represents a successful use case for crypto, providing a bridge between traditional finance and digital assets.

Circle and Tether are issuing $15 billion of stablecoins per month and have become the largest buyers of U.S. treasuries, significantly increasing their capital pool.

The emergence of stablecoins could enable global scalability in fintech, overcoming traditional regulatory barriers and creating new opportunities for innovation.

Coinbase's partnership with Circle allows users to earn 4% on stablecoin balances, offering immediate transactions without the need for traditional banking processes. This innovation highlights the potential for stablecoins to revolutionize financial transactions.

Since the final vestiges of the gold standard were abandoned in 1971, the supply of money has ballooned. This has led to more money chasing the same amount of goods, contributing to the rise in prices over the years.

The Genius Act faced massive lobbying by banks to prevent crypto companies from paying interest on stablecoins, leading to a workaround where rewards are offered instead. This highlights ongoing regulatory challenges in the crypto space.

Stablecoins have succeeded as a use case for crypto, providing a bridge between the old and new financial systems.

The numbers are just staggering. The 300 million to 6 billion tokens per minute is the one that really jumps out.

The ability to send a billion dollars from the U.S. to Beijing in 10 minutes for just $3 via Bitcoin illustrates the challenges of regulating cryptocurrency.