Stablecoin Surpasses Traditional Card Networks in Adoption Levels, According to Alchemy Leader

According to Odaily, Alchemy's technical director, Noam Hurwitz, emphasized the increasing importance of stablecoins in online payments. He noted that stablecoins have now surpassed major traditional card networks in terms of adoption, experiencing explosive growth and becoming the default payment layer for online transactions. Companies like PayPal and Stripe are integrating stablecoins to leverage blockchain infrastructure, allowing for faster and cheaper transactions. The characteristics of stablecoins, such as low cost, speed, global reach, and security for transactions, have made them popular for a variety of applications, including cross-border payments and prediction markets like Polymarket.