Tag: Stablecoins adoption
Decline in Traditional Foreign Exchange Trading as Stablecoin Usage Surges
Traditional foreign exchange trading is seeing a decline in revenue for global banks, while stablecoins are becoming increasingly popular for cross-border transactions. According to Matthew Sigel, Head of Digital Assets Research at VanEck, FX...
Emerging Countries Embrace Stablecoins for Savings and Payments as Crypto Trading Dominates: Report
Stablecoins are increasingly gaining popularity in emerging markets, with users turning to these digital assets for everyday financial activities such as savings, currency conversion, and cross-border payments. A recent report by digital asset investment...
