In 2020, stablecoins, particularly the USD Coin (USDC), emerged as significant components of the global payments infrastructure, experiencing rapid growth from a market cap of $6 billion to $20 billion. The increasing demand for stablecoins is driven by their utility in crypto trading, DeFi lending, and businesses seeking to access stable digital dollars amid volatile macroeconomic conditions. These digital currencies offer near-instant settlement, low-cost global transactions, and lower counterparty risk, making them attractive for various financial institutions and industries. The development is further supported by regulatory clarity and advancements in blockchain technology, with major players like Visa exploring opportunities in this space. Notably, stablecoins are seen as key to modernizing B2B payments and expanding consumer access through integration with established payment networks. This evolution aligns with the broader trend of digital currencies gaining mainstream adoption, akin to the transformative impact of the internet on content and communication.