Tom Lee, founder of Fundstrat and well-known market strategist, believes stablecoins are quietly becoming crypto’s most powerful driver of real-world adoption.
In his view, they’re not just thriving in digital markets — they’re reshaping global finance.
With a combined market cap of $250 billion, Lee says stablecoins are still in the early stages of growth. Their core appeal lies in a business model that benefits issuers through interest on fiat reserves — without passing that yield to users. This structure has attracted interest from banks, payment giants, and retailers seeking low-risk, high-margin opportunities.
Beyond business incentives, stablecoins offer real utility: low fees, no chargebacks, and broader access to digital payments for those without credit cards. Lee pointed out that 80% of stablecoin volume now takes place outside the U.S., with Asia leading the charge. In some countries, USDT trades at a premium and is even used in property deals.
Lee believes stablecoins are gaining institutional backing because they reinforce the U.S. dollar’s global dominance — accounting for all stablecoin issuance. Additionally, they’ve become major buyers of U.S. Treasury debt, with Tether now holding more bonds than some developed nations.
As stablecoin adoption grows, Ethereum appears poised to benefit most. It hosts the majority of stablecoin activity and real-world assets, generating roughly 30% of its network fees from this segment. If the market expands to $2 trillion, as some officials suggest, Ethereum’s revenues could multiply tenfold.
Lee added that this evolution will boost not just Ethereum, but also competing blockchains like Solana and crypto-focused companies holding digital assets on their balance sheets.
Editorial Team
Reporter at Coindoo
Source: https://coindoo.com/tom-lee-stablecoins-are-cryptos-most-disruptive-force-and-ethereum-stands-to-gain/