🚀 Paxos CEO believes that the global financial system will run on blockchain! At the Bitcoin MENA event in Abu Dhabi, Charles Cascarilla shared about the Global Dollar network and how stablecoins enhance the utility of the USD.

📈 Paxos launched Global Dollar (USDG) and the Global Dollar Network in collaboration with Robinhood, Galaxy Digital, and Kraken. This network allows partners to earn interest and share economic benefits from funds outside the platform.

💡 Stablecoins enable the USD to operate 24/7, facilitate fast global transfers, and eliminate the need for a bank account! Cascarilla emphasized that this is a significant innovation.

🌐 Stablecoins draw users into Web3 by addressing real-world problems. Cascarilla: "Web3 must be beneficial to life to gain widespread acceptance."

👉 What do you think about the future of stablecoins and blockchain? Share your thoughts! 💬