Despite the recent market fall, stablecoins are enjoying an upsurge in the market. Accordingly, Visa, a prominent online payment giant, stablecoins will become the most powerful medium of exchange on any basis, even for commodities, rather than any other Crypto. In addition, Delphi Digital states that the overall market cap for major stablecoins such as Tether(USDT) has soared from $129 billion to a whopping $150 billion for last month alone.