Stablecoin upside may lie beyond issuance, in settlement and yield layers

Foresight said the biggest opening in the stablecoin market may sit outside the issuance business dominated by Tether and Circle. In its brief takeaway, the outlet pointed to settlement and yield as the layers where the more meaningful opportunities are likely to be found. The note frames the stablecoin sector as a market worth hundreds of billions, while stressing that value capture is not limited to the issuers themselves. Instead, infrastructure and product design around how stablecoins move and how holders earn may matter just as much. The source did not provide further detail in the digest, but the core message was clear: the next pocket of opportunity in stablecoins may be downstream from issuance.