Stablecoins are gradually dominating the market but still only account for 0.2% of global e-commerce transactions. 🤔
- Benefits: Cost savings, transparency, 24/7 operation, quick processing.
- Challenges: Unclear legal regulations, lack of non-USD stablecoins.
- 81% of merchants are concerned about regulations when accepting stablecoins.
- 83% of countries not using USD need stablecoins pegged to other currencies.
Tether (USDT) and USD Coin (USDC) lead the market with large capitalizations.
IDA will launch a stablecoin pegged to HKD to support international payments.
It is expected that regulations on stablecoins will progress from 2025. What do you think? Share your opinions! 💬