Stablecoins Reshape Global Finance
Stablecoins cemented their position as the crucial bridge between traditional and digital finance in 2024. Transaction volumes surpassed those of Visa, demonstrating their essential role in facilitating global business operations. The 147% year-over-year growth in stablecoin transactions underscores the limitations of traditional banking infrastructure in meeting modern market demands.
"Transaction volumes exceeded those of Visa, underscoring their utility in the fast-paced global business environment and exposing the limitations of legacy banking infrastructure in meeting growing market demands,” the report further said