Venture capital firm a16z has released its annual report, highlighting significant developments in the blockchain and crypto industry. The report reveals that stablecoin transaction volume soared to $46 trillion in 2024, surpassing PayPal's volume by over 20 times and nearly tripling that of Visa. Additionally, the report underscores advancements in the tokenization of traditional assets, with U.S. equities, commodities, and indices increasingly moving onto blockchain platforms through crypto technology.