Pantera Capital's analyst recently dropped a bold take on stablecoins that's worth unpacking. The firm believes the masses haven't grasped just how transformative this sector could become. Not exactly subtle when you consider the momentum building underneath.

Case in point? Ripple's RLUSD just punched through the $1 billion market cap milestone. That's not small potatoes for a relatively new entrant in the stablecoin race. The speed of adoption here signals something's shifting in how institutional players and retail users view dollar-pegged assets.

Stablecoins keep proving they're more than just crypto's training wheels—they're becoming infrastructure. Whether traditional finance wants to admit it or not, the rails are already being laid.