📰 【a16z: Stablecoins are evolving from trading tools into core financial infrastructure, with payment and localization trends accelerating】

BlockBeats reports that on April 25, according to a research report released by Andreessen Horowitz (a16z), stablecoins are gradually evolving from early-stage mediums of exchange and stores of value into global financial infrastructure, with their use cases and market structure undergoing profound changes. Data shows that regulatory clarity has become a key catalyst. After the enactment of the U.S. “GENIUS Act,” stablecoin trading volumes accelerated significantly, and the adjusted trading scale reached approximately $4.5 trillion in the first quarter of 2026; the European “MiCA” framework has also helped form steady demand in the non-dollar stablecoin market. On the application layer, stablecoin-enabled commercial payments are growing rapidly. In 2025, consumers...

Big money has finally started to figure out what their investments are actually doing. Stablecoins have evolved from chips on the gambling table into infrastructure—this round of narrative-driven fundraising is indeed convincing. But don’t let these macro reports fool you: Wall Street’s mouth is a lying ghost; they always hype the next bubble. If it really takes off, just wait until these VCs drain on-chain liquidity two more rounds. 👇👇👇👇👇