Stablecoins are gradually becoming a key bridge between traditional finance and the crypto ecosystem. The Artemis team's report indicates that stablecoins have evolved from a simple trading tool to a multi-functional financial instrument, with applications ranging from payments, savings, remittances, to DeFi collateral.
Market dynamics are shifting, with dominance moving from issuers to distributors—wallets, exchanges, and fintech platforms are now driving adoption through user experience. New infrastructure is emerging to support programmability and compliance, transforming stablecoins into dynamic financial primitive components.
Data shows concentrated activity in CEX and DeFi protocols, with unmarked wallets representing untapped potential. This maturity marks the transformation of stablecoins from speculative assets to foundational components of global finance.





