Time For Elon Musk and X To Launch A Pro-Community Stablecoin?

Elon Musk Crypto on the horizon? Stablecoins have a combined market capitalization of more than $ 233 billion. Is it time that you launch an Elon Musk Stablecoin pro-comunity community?

There are over 10 different Stablecoins, everyone monitors the USD. As of February 25, 2025, all combined Stablecoins had a cumulative market capitalization overcoming $ 233 billionwith USDT Of Bind being The largest, commander over 50% of the market share.

Stablecoins now have a combined market capitalization of more than $ 233 billion. Is it time that x launch a stablecoin in favor of the community?

(Source)

Is it time for them to launch a stablecoin?

The more Stablecoin will probably have issued in the coming years as Crypto obtains the adoption and the broadcasters, following the command of the tether and the circle, angle for enormous profits. Although profitable, these profits do not move away from the token USDT or USDC holders unless they engage or commit themselves to defi.

In an X post, an analyst suggests that the social media platform, Elon Musk and X It could consider the idea of ​​launching their Stablecoin to diversify their revenue flow. If they do, the best approach would be to release a more professional Stablecoindistribute made directly to the owners.

According to the analyst, the launch of a Stablecoin aligns perfectly with Musk’s vision to transform X into a payments. X currently boasts over 650 million monthly active users, 500 million who they are outside the United States.

Stablecoins now have a combined market capitalization of more than $ 233 billion. Is it time that x launch a stablecoin in favor of the community?

(Source)

A Stablecoin that Usd trace would allow these hundreds of millions of users to make without interruption payments in a low -cost environment. However, the speed of settlement and the cost would depend on the chosen blockchain.

Most Stablecoin they are coined On Ethereum, its Layer-2 or Tron networks. A significant part of USDC also circulates on Solana, which is Favorite Stablecoin.

An X Stablecoin would be a greater Initiative, positioning the popular social media platform as a serious competitor of Venmo, App Cash and other traditional payment systems that fight to keep up with the rapid increase in the adoption of Stablecoin.

In addition to serving its vast users of users, Stablecoin could also become a cash flow engine, just as it is for tether. Only in 2024, Tether generated over $ 13 billion in profits: a war case that fueled its aggressive expansion and diversification.

Tether is now involved in Bitcoin Mining and in initiatives to solidify its domain in the cryptocurrency market.

Perfect timing? Stablecoin laws Be drawn up In the United States

If X pursues this path – very much as if it had embraced the tendency of the AI ​​and eventually launched Grok – it could be among the first broadcasters to capitalize on the push of the United States to create clear stablecoin regulations.

At the beginning of this month, the senators Bill Hagerty and Tim Scott, together with the French representative Hill, announced It provides to develop a framework specially for Stablecoin and cryptic resources.

The guide and creation of national innovation for the United States Stablecoins Act (Genius) is among their proposals. It would impress the reserve requirements for Stablecoin broadcasters and would establish a board of directors to supervise their activities.

For example, Stablecoins with a market capitalization higher than $ 10 billion would be subject to direct regulation of the Federal ReserveWhile Non -bank broadcasters would do so supervise from the office of the currency controller (OP).

In addition, the bill on innovation and financial technology for the 21st century bill (Fit21), approved by Congress in May 2024, aims to define clear supervision roles for the Commission for the securities and exchanges of the United States (sec) and the Commodity Futures Trading Commission (CFTC).

These agencies would be required to correctly classify cryptocurrency resources. Currently, the century recognizes only bitcoins as goods. In the meantime, the CFTC extends this designation to Ethereum and Litecoin.

Due to this clarity, they are among the best crypto -Cryptos, explaining their enormous market capitalization.

Explore: Chill Guy Crypto precipitates -53% in a month. At 29 million market dollars, is it all over for the meme guy currency?

Join 99 bitcoins news discord here for the latest market updates

Is it time that X and Elon Musk launched a Stablecoin?

  • Total market capitalization Stablecoin exceeds $ 233 billion

  • Is it time that X and Elon Musk launch a better owner of rewarding Stablecoin?

  • Tether earned over $ 13 billion in profits last year

The post for Elon Musk and X to launch a pro-comunity stablecoin? He appeared first out of 99bitcoin.

Leave a Comment