ChainCatcher Message: Nick van Eck, CEO of stablecoin issuer Agora, predicted in an interview that blockchain-based payment methods will see significant growth in the next decade. He believes that most cross-border payments will shift to using stablecoins rather than the traditional Swift system. Additionally, foreign exchange trading will increasingly settle on-chain. 💱

However, the widespread adoption of stablecoins still faces regulatory hurdles. Businesses are interested in their cost-effectiveness and speed, but a clear legal framework and compliance requirements are needed. Van Eck noted that while stablecoins are gaining attention in the crypto space, there is still huge potential in traditional markets such as cross-border payments and B2B transactions. 🔍

He expressed optimism that this is just the beginning of a twenty-year journey toward mass adoption. 🚀