Crypto Biz: How stablecoins found their niche

60-second summary

Stablecoins are carving out specialized roles as regulation reshapes the market, with some focusing on low-volatility store-of-value, others on decentralized lending, and a few on cross-border payments, each catering to unique needs. This diversification may stabilize the market, while Strategy's Bitcoin sale and Vanguard's tokenization push underscore crypto's evolving financial landscape, blurring traditional asset boundaries slowly.