Stablecoins Surpass Visa's 40-Year Transaction Volume in Just 5 Years… "Reshaping Global Financial Landscape"

Source
Suehyeon Lee

Summary

  • It was reported that stablecoins have surpassed Visa's transaction volume over 40 years in just 5 years since their launch.
  • It was revealed that the global issuance volume of stablecoins is expected to reach $23.5 billion by 2025.
  • The outlet predicted that this will fundamentally change the payment and settlement model.

Amid the rapid rise of stablecoins, the global financial landscape is being swiftly transformed.

On the 30th (local time), according to CoinQ, Gan Tian, CEO of Huaxia Fund, stated that stablecoins have surpassed Visa's 40-year transaction volume in just five years since their launch.

The outlet also noted, "The global issuance volume of stablecoins is projected to reach $235 billion by 2025, which will fundamentally change the payment and settlement model."

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

Trending News