Stablecoins impacting payments and global remittances
Fiat-backed stablecoins, the most sought-after type in the cryptocurrency domain, aim to replicate the value of traditional currencies such as the dollar and euro. The total value of stablecoins is $155+billion and, typically, these assets have a daily turnover of $150+billion whereby demonstrating the liquidity and popularity of stablecoins. Fiat-backe…
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