Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, CoinFund managing partner David Pakman said a $1 trillion stablecoin supply combined with yield-bearing crypto exchange-traded funds (ETFs) may provide the next crypto market catalyst for 2025, Elon Musk sold social media platform X to his AI startup, and two US federal agencies eased restrictions on companies engaging in crypto-related activities, including derivatives.
The global stablecoin supply could surge to $1 trillion by the end of 2025, potentially becoming a key catalyst for broader cryptocurrency market growth, according to David Pakman, managing partner at crypto-native investment firm CoinFund.
“We’re in a stablecoin adoption upswell that’s likely to increase dramatically this year,” Pakman said during Cointelegraph’s Chainreaction live show on X on March 27. “We could go from $225 billion stablecoins to $1 trillion just this calendar year.”
