Visa now allows certain partner banks and fintechs to settle their obligations to Visa in USDC, rather than traditional bank transfers. Settling means “squaring the tab” at the end of the day between banks, card issuers, and Visa. Instead of waiting on slow, expensive bank wires, they can send USDC on-chain, and now they can do that on Solana, a fast, low-fee blockchain built for high transaction throughput.First, a quick definition. A stablecoin is a crypto token that tracks a real-world asset, usually the ...

RT Token Terminal 📊 (@tokenterminal)🇺🇸 How is U.S. admin doubling down on stablecoins?⏳ identify bottlenecks = 2 issuers🏦 issuers = in control of flows & distribution💱 reserves = provide stability & revenue⚖️ GENIUS Act = make T-Bill reserves a req for compliance & invite more competition among issuers https://t.co/BgG5MtthcX ...

RT Token Terminal 📊 (@tokenterminal)🇺🇸 Why is U.S. admin doubling down on stablecoins?🌐 stablecoins = global distribution for the dollar📈 growth pattern = durable, non-cyclical💵 economic impact = net-new demand for U.S. T-Bills🟰an opportunity to expand the reach & dominance of USD & get cheap financing. https://t.co/lfJHmxlmJs ...

RT Leon Waidmann 🔥 (@LeonWaidmann)We are currently witnessing the biggest shift in financial infrastructure in human history.The world is moving ONCHAIN, and we are just getting started!🔹 Stablecoins today: ~$300B supply🔹 U.S. Treasury expectation: >$2T within ~3 years🔹 That implies ~+$1.7T of new dollars moving onchain by 2028Where does it go, and which sectors will benefit?🔹 Ethereum holds ~60% of stablecoin supply today🔹 Even if that declines to ~50% by 2028🔹 Ethereum L1 would still absorb ~+$850B in new ...

Non-USD stablecoin traffic is, in fact, very active https://t.co/tjwVXP5XhLdave taylor (@EtherfuseDave):The conclusion that no one wants non-USD stablecoins is lazy.And it's wrong. It dismisses the need for significant participation from global economies. Using only current blockchain activity as evidence to support this conclusion is like staring at a single pixel and insisting ...

🇪🇺 Can the EU still catch-up with and outcompete the U.S. when it comes to stablecoins?Today:🏆 USD stablecoins ~$310B🧗 EUR stablecoins ~$1B https://t.co/dr5WSF1RFX ...

🇺🇸 How is U.S. admin doubling down on stablecoins?🔀 identify distribution channels = public blockchains⚖️ establish regulatory clarity = treat L1s as commodities & approve staking⛓️ take a lead in tokenization = bring additional utility to stablecoins https://t.co/s7TFsqkKet ...

🇺🇸 How is U.S. admin doubling down on stablecoins?⏳ identify bottlenecks = 2 issuers🏦 issuers = in control of flows & distribution💱 reserves = provide stability & revenue⚖️ GENIUS Act = make T-Bill reserves a req for compliance & invite more competition among issuers https://t.co/BgG5MtthcX ...

When PayPal launched almost three decades ago, the company made its name as one of the world’s first fintechs. Now, PayPal faces a slew of competitors, from the payments colossus Stripe to Big Tech giants like Apple. “One of the challenges when you are at a certain scale and you’ve been around for a while is the very classic innovator’s dilemma,” Alex Chriss, the president and CEO of PayPal, told Fortune. “What you’ve done has worked, and are you constantly thinking about how to disrupt yourself?” Invest ...

🇺🇸 Why is U.S. admin doubling down on stablecoins?🌐 stablecoins = global distribution for the dollar📈 growth pattern = durable, non-cyclical💵 economic impact = net-new demand for U.S. T-Bills🟰an opportunity to expand the reach & dominance of USD & get cheap financing. https://t.co/lfJHmxlmJs ...