According to Hogan, the main advantage of these systems lies in significantly simplifying global microtransactions. The fact that users can receive payments using only a wallet address, without the need for local banking infrastructure or currency conversion, could allow millions of new users to join the crypto ecosystem. Meanwhile, Western Union has launched its stablecoin USDPT on the Solana network, and Visa has reached an annual transaction volume of approximately $7 billion as part of a pilot program for payments using stablecoins. These events indicate the rapid growth of the role of stablecoins in the global financial system.

SOL2.88%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin