Bitwise CEO Hunter Horsley has drawn parallels between the potential impact of stablecoins on the banking sector and the transformative effect e-commerce had on retail. As stablecoins' usage and market value rise, currently boasting a combined market cap of approximately $275.77 billion, their role in global finance is under scrutiny. Analysts are considering their potential as collateral, with speculation that the U.S. might integrate stablecoins into a new settlement system. In related developments, both Tether and OpenAI are reportedly seeking valuations of $500 billion, leading to comparisons between the two companies' growth trajectories and market influence.