Stablecoins are making waves, but they're still the tiny fish in the vast ocean of global e-commerce, capturing just 0.2% of transaction value. š While they promise perks like 24/7 availability and faster processing, regulatory uncertainty and a lack of non-USD options keep them swimming in the Web3 pond.
With 83% of countries not using USD, the call for diverse stablecoins is loud and clear. IDA plans to launch an HKD-pegged stablecoin to bridge Hong Kong with global markets. šø
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