According to ChainCatcher, Alchemy's engineering director Noam Hurwitz stated that stablecoins have become a pillar of internet payments, with their adoption now surpassing that of major traditional card networks.
Companies like PayPal and Stripe are integrating stablecoins to leverage on-chain infrastructure for faster and cheaper transactions. Stablecoins are popular in cross-border payments and prediction markets due to their low cost, speed, global reach, and security.
