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Stablecoin Label Outdated as Crypto Evolves Into Global Financial Rails

Summary by Cointelegraph
Stablecoins are evolving beyond their original purpose into core financial infrastructure, making the term outdated, according to Robert Hackett, head of special projects at a16z crypto.
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Key points of the news: a16z argued that the term "stablecoin" no longer reflects the role these assets play in current global finances. Robert Hackett, from a16z crypto, compared the word to "horsepower": useful in its origin, but anchored to a problem that the sector has already surpassed. Visa reported that the offer of stablecoins grew more than 50% in 2025, reaching $274 billion, its transactional volume is in the direction of $10 billion. …

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Cointelegraph broke the news on Monday, May 4, 2026.
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