Pedro Gomes Says ~250 Stablecoins Exist Among ~10,000 Cryptos; Predicts Stablecoins Will Dominate Market Cap and Volume as WalletConnect Pay Expands
According to @pedrouid, there are roughly 250 stablecoins among nearly 10,000 cryptocurrencies today, highlighting the relatively small but growing footprint of stable-value assets in the broader market, source: @pedrouid on X, Nov 9, 2025. The same source states that stablecoins will become the largest category by market cap and trading volume, indicating a future liquidity shift toward stablecoin markets, source: @pedrouid. The source also says that internet payments will settle in crypto and that WalletConnect Pay will bring it everywhere, signaling a product push toward payment rails that traders can monitor for stablecoin settlement and exchange-pair activity, source: @pedrouid.
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In the rapidly evolving world of cryptocurrency, a recent statement from Pedro Gomes highlights the transformative potential of stablecoins, positioning them as future leaders in the digital asset space. According to Pedro Gomes, there are currently only about 250 stablecoins among nearly 10,000 cryptocurrencies, yet he predicts that one day they will become the largest category, dominating both market capitalization and trading volume. This vision extends to a future where all internet payments settle in crypto, with innovations like WalletConnect Pay poised to make this a reality everywhere. As a trading analyst, this perspective opens up intriguing opportunities for investors focusing on stablecoin ecosystems, particularly in how they could stabilize and expand crypto trading pairs across major exchanges.
The Current Landscape of Stablecoins in Crypto Trading
Delving into the trading implications, stablecoins like USDT and USDC already play a pivotal role in the crypto market, serving as the backbone for liquidity in trading pairs such as BTC/USDT and ETH/USDT. With a combined market cap exceeding $150 billion as of recent estimates, these assets provide a hedge against volatility, allowing traders to park funds without exposure to wild price swings. Pedro Gomes's observation that stablecoins represent a small fraction of the total 10,000 cryptocurrencies underscores their untapped potential. For traders, this means monitoring on-chain metrics like transaction volumes on networks such as Ethereum and Solana, where stablecoin transfers often signal broader market sentiment. In the absence of real-time data, historical trends show that during market downturns, stablecoin inflows to exchanges spike, indicating capitulation or accumulation phases. This dynamic creates trading strategies around stablecoin dominance, such as arbitraging price discrepancies between fiat-pegged assets and volatile cryptos like BTC or ETH.
Trading Opportunities and Market Indicators
From a trading-focused viewpoint, the prediction that stablecoins will dominate market cap and volume suggests a shift toward more institutionalized crypto markets. Imagine a scenario where stablecoins overtake BTC in daily volume; this could lead to tighter spreads in trading pairs and reduced slippage for large orders. Key indicators to watch include the stablecoin supply ratio, which measures the percentage of stablecoins in total crypto market cap—currently around 10-15% but potentially climbing higher. Traders can capitalize on this by engaging in yield farming in DeFi protocols that utilize stablecoins, offering APYs that outpace traditional savings. Moreover, with WalletConnect Pay aiming to integrate crypto payments seamlessly into internet transactions, we could see increased adoption driving up volumes in pairs involving payment-focused tokens. Support levels for major stablecoins remain pegged at $1, with resistance often tested during high-volume events like regulatory announcements. Institutional flows, such as those from firms adopting stablecoins for cross-border payments, further bolster this narrative, creating long-term buy-and-hold opportunities in related assets.
Linking this to broader market correlations, stablecoins' growth could influence stock markets, especially tech-heavy indices like the Nasdaq, where companies involved in blockchain payments stand to benefit. For instance, if internet payments shift to crypto settlements, it might boost stocks of firms partnering with crypto protocols, indirectly affecting crypto trading sentiment. Without current price data, traders should focus on sentiment indicators like the Crypto Fear and Greed Index, which often correlates with stablecoin minting rates. Pedro Gomes's forward-looking tweet from November 9, 2025, emphasizes this evolution, suggesting that tools like WalletConnect Pay will democratize access, potentially leading to exponential growth in daily active users and transaction volumes. This could translate to breakout patterns in altcoins tied to payment infrastructures, with traders eyeing moving averages and RSI for entry points.
Future Implications for Crypto Payments and Trading Strategies
Looking ahead, the idea that all internet payments will settle in crypto represents a paradigm shift, making stablecoins indispensable for global commerce. This dominance could erode the volatility premium in cryptos like BTC, leading to more predictable trading environments. Strategies might involve longing stablecoin-heavy portfolios during uncertain times, using derivatives like perpetual futures on exchanges to hedge positions. On-chain data, such as the number of unique addresses holding stablecoins, provides early signals of adoption trends—recent figures show steady increases, supporting Gomes's thesis. For SEO-optimized trading insights, consider long-tail keywords like 'stablecoin trading strategies for beginners' or 'how WalletConnect Pay impacts BTC volume.' In summary, as stablecoins edge toward category leadership, traders should prepare for a market where crypto payments become ubiquitous, driving sustained volume and cap growth. This analysis, grounded in Gomes's perspective, encourages proactive positioning in this burgeoning sector.
Pedro Gomes
@pedrouidBuilding @WalletConnect Network