Summary
YC believes that the stablecoin sector has a lot of potential for growth, as only a small number of people have transacted with stablecoins despite the large amount issued.
Key Points
1. Despite $136 billion worth of stablecoins being issued to date, the opportunity in the sector is still considered much more immense.
2. Only about seven million people have transacted with stablecoins, indicating that there is still potential for growth and adoption in the market.
3. There are only a handful of major stablecoin issuers, suggesting that there is room for new players to enter and compete in the space.