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Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role - Overpasses For America

Summary by NewsBTC
According to a recent analytics, stablecoins handled 35 trillion in on-chain transaction volume over the past year, with their average supply hovering around 195 billion. Those numbers show how much these tokens fuel trades, loans and cross-border transfers. Yet questions about whether they really count as “money” are now front and center. Stablecoin On-Chain Traffic Based on reports, stablecoins have become the workhorses of crypto trading. Vol…

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Blockhead broke the news in on Friday, June 27, 2025.
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