Wu said that, according to a16z Crypto data, Asia accounts for 63% of global stablecoin payments, followed by North America with 24%, and Europe with 13%. The reason may be that Asia is believed to have a higher adoption rate of QR codes, mobile wallets, and instant transfers, and has been using these payment methods even before stablecoins appeared, so the leap to switching to stablecoins is not as significant as imagined.

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