menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

The Paymen...
source image

Pymnts

4w

read

115

img
dot

Image Credit: Pymnts

The Payment Professional’s Guide to Stablecoins

  • The stablecoin market is valued at over $170 billion, and the recent acquisition of Bridge by Stripe for $1.1 billion highlights the increasing interest in stablecoins within the payments sector.
  • Stablecoins, designed to maintain a stable value by being pegged to a reserve asset, are bridging the gap between traditional FinTech and cryptocurrencies by offering efficiency, transparency, and stability.
  • Stablecoins have the potential to optimize cross-border payments and provide alternative payment solutions, attracting interest from major players like BVNK, PayPal, Visa, and Coinbase.
  • The choice of stablecoin depends on specific use cases and regulatory adherence, with USD Coin (USDC) finding wider acceptance among institutions for payments and remittances.

Read Full Article

like

6 Likes

For uninterrupted reading, download the app