Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
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."

0

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: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!