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Stablecoins are emerging as a significant force in the financial world, offering faster and cheaper payment rails. Prominent stablecoins like USDC and PHPC are enabling fast, low-cost global payments and remittances, particularly benefiting countries like the Philippines, which sees billions in remittances yearly. Companies such as Coins.ph and BNB Chain are at the forefront of this movement, with BNB Chain launching a Gas-Free Carnival to eliminate gas fees for transferring stablecoins on its platform. The adoption of stablecoins is growing rapidly, with 70% of people in Lagos already holding USDT.
How Blockchain Innovation is Redefining Digital Asset Management https://t.co/is9H36Fro8 #Blockchain #EmergingTech #Technology #Innovation #Crypto #Cryptocurrency #DigitalWallet #ColdWallet #Exchange #AI #Currency #Future #Digital #Coruzant #ByBit #CIO @Bybit_Official
Think cryptocurrency was a bubble? A realistic use case of blockchain-powered transactions has been quietly brewing to tackle ubiquitous challenges of cross-border payments for individuals and businesses alike. Meet The Stablecoin - A digital currency that global payment giants,… https://t.co/57ayezSU0a
Stablecoins are one of the most powerful use cases for blockchains The ability to transfer money to anyone in the world with just an internet connection, settled in under a second and with minimal fees, is incredibly valuable to humanity
