Wintermute named the main obstacle to the stablecoin market, 2026/01/29 17:11:02

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Wintermute named the main obstacle to the stablecoin market0

In the coming years, may become the main means of payment in the modern digital economy. But their development is hampered by one factor – the fragmentation of the stable coin market, said analysts at the Wintermute platform.

According to experts, there is a need in the market for a single platform capable of consolidating settlements in different stablecoins. The growing share of such tokens in cross-border payments increases the demand for standardization of liquidity management, representatives of the crypto platform explained.

In the absence of a unified infrastructure, users and companies are forced to take on foreign exchange and settlement risks on their own, which limits the of solutions and deters the involvement of large financial players. This is becoming a barrier to the development of the stablecoin market, Wintermute complains.

Additional pressure comes from legal difficulties. Authorities in different countries are increasingly considering stablecoins as an element of the payment infrastructure, and not as an exclusively crypto product. According to analysts, in the current conditions, the consolidation of settlements is becoming a necessary condition for the growth of the market and its integration into the traditional financial system.

Against this background, Wintermute experts expect a gradual decline in the speculative excitement around cryptocurrencies. Valuations of digital assets will increasingly be based on sustainable financial performance and real business models, rather than short-term surges of interest, analysts say.

Without a transparent and understandable mechanism for creating value, tokens will no longer be able to maintain sustainable demand once speculative interest wanes. The release of a native asset of a single global platform – if it is required at all – will be a logical result of the maturity of the product, and not a means of extracting short-term hype, Wintermute representatives hope.

Earlier, specialists from the consulting company McKinsey said that in 2025, individuals and legal entities made payments worth over $35 trillion through stablecoins.