Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Agora CEO: In the next ten years, we will see most cross-border payments shift to stablecoins

Agora CEO: In the next ten years, we will see most cross-border payments shift to stablecoins

Bitget2025/01/08 02:07

ChainCatcher News, according to Agora's CEO and co-founder Nick van Eck in an interview with Coindesk, blockchain-based payment methods will surge in the next decade. He said: "We will see most cross-border payments shift towards stablecoins instead of using Swift like the current banking system. You'll also see a lot of foreign exchange transactions settled on-chain. We are excited to play a significant role in these two growing markets."

Nick van Eck also stated that the main obstacle for stablecoins achieving widespread adoption is regulation. Businesses are keen on using stablecoins because they offer cost-effectiveness and speed, but they need clear legal and compliance frameworks, such as knowing who the licensed providers are. Stablecoins have gained attention in the crypto-native field but still have untapped potential in traditional markets like cross-border payments and B2B transactions. He said: "I think this is just the beginning of a twenty-year journey towards mass adoption."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

BTC surpasses $116,000
金色财经2025/09/13 20:17
Altcoin Season Index Rises to 71
金色财经2025/09/13 19:48

Trending news

More
1
A dormant address holding 30 ETH has been activated after 10.1 years of inactivity.
2
Ethereum Foundation establishes end-to-end privacy roadmap, covering private writing, reading, and proof

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,930.75
-0.10%
Ethereum
Ethereum
ETH
$4,666.39
-0.33%
XRP
XRP
XRP
$3.12
+0.53%
Tether USDt
Tether USDt
USDT
$1
-0.03%
Solana
Solana
SOL
$242.56
+0.82%
BNB
BNB
BNB
$932.82
+1.00%
USDC
USDC
USDC
$0.9997
-0.02%
Dogecoin
Dogecoin
DOGE
$0.2900
+5.24%
Cardano
Cardano
ADA
$0.9295
+1.67%
TRON
TRON
TRX
$0.3497
-0.59%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter