Blockchain networks
Search documents
Stablecoins and the future of remittances: Building the rails, not just the apps
Yahoo Finance· 2025-12-04 09:52
Core Insights - Stablecoins are expected to transform remittances through integration rather than disruption, enhancing the global payments infrastructure instead of replacing it [1] - The current remittance system is characterized by high fees, unpredictable delivery times, and inefficiencies, particularly affecting smaller transactions and cash remittances [2][3][4] Group 1: Current Challenges in Remittances - Migrant workers face high fees for sending money home, which may increase with proposed remittance taxes [2] - Delivery times for remittances are often unpredictable, constrained by traditional banking hours, leading to delays in urgent transactions [2] - Cash remains the most trusted method for remittances due to its immediacy and universal understanding, but it is limited by geography and infrastructure [3] Group 2: Infrastructure Limitations - The infrastructure for cross-border money transfers has seen little change over decades, still relying on outdated systems with cut-off times and batch settlements [4] - Current remittance systems do not meet the fast-paced expectations set by modern communication and commerce, causing delays for families relying on timely transfers [4] Group 3: Potential of Stablecoins - Stablecoins present an opportunity to address structural issues in remittances by providing speed, programmability, and lower costs, especially for smaller transactions [5][6] - Transactions using stablecoins can settle in seconds at any time, bypassing traditional banking limitations, and can be integrated into existing trusted systems [6] - The effectiveness of stablecoins is contingent upon their integration into established payout networks and banking systems that have built trust over time [6]
X @Chainlink
Chainlink· 2025-10-25 14:07
Core Functionality - Chainlink Runtime Environment (CRE) unifies services and standards for orchestration across blockchain networks and systems [1] Technology & Infrastructure - CRE facilitates seamless orchestration between disparate blockchain networks and both onchain and offchain systems [1]
Solana Rapidly Approaching in Ethereum's Rearview Mirror
Etftrends· 2025-10-16 21:23
Core Insights - The article discusses the growing adoption of cryptocurrencies, particularly focusing on Bitcoin, Ethereum, and Solana, highlighting Solana's potential to compete with Ethereum in the blockchain space [1][5]. Group 1: Bitcoin and Ethereum - Bitcoin has reached record levels, exceeding $100,000, while Ethereum has also seen significant gains, reaching over $4,000, marking its highest point in almost four years [2][4]. - The investment case for Ethereum is based on its role in the development of decentralized applications and digital assets, representing a share of the Ethereum network akin to owning stock in a company [3][4]. Group 2: Solana's Position - Solana is compared to a "bullet train," suggesting it has the potential to operate more efficiently and cost-effectively than Ethereum, which is likened to a congested freeway [5]. - Solana's revenue for the period from October 2024 to September 2025 was reported at $2.85 billion, comparable to the annual revenues of companies like Palantir ($2.8 billion) and Robinhood ($2.95 billion) [6]. Group 3: Market Sentiment - Experts indicate that Solana has transitioned from being an experimental project to a functioning digital economy with real staying power, suggesting confidence in its long-term viability [7].