the real crypto craze

Finance & economics | Hard cash, soft rules Stablecoins: the real crypto craze Policymakers are racing to catch up with their rapid rise Share Illustration: Álvaro Bernis Feb 23rd 2025 | ISTANBUL | 5 min read B EHIND THE vaulted arches of Istanbul’s Grand Bazaar, above the haggling and the crush, a quieter trade unfolds. In dimly lit corridors, men slip in and out of back rooms, clutching bundles of dollars.