#ultimahora Increase the adoption of stablecoins

In addition to facilitating cryptocurrency trading, stablecoins are increasingly seen as an alternative to traditional remittances, especially in emerging markets.

A December report from Chainalysis rated stablecoins as a "transformational" use case for cross-border payments and remittances. In emerging markets in sub-Saharan Africa, for example, the use of stablecoins for remittances is 60% cheaper than traditional methods.

According to venture capital firm a16z Crypto, 28.5 million unique stablecoin users sent over 600 million transactions just in December. This still represents a small portion of the $3.4 trillion global payments sector.