PANews reported on December 16 that Juan Lopez, general partner of VanEck Ventures and former member of Circle Ventures, said that Stripe's acquisition of Bridge is a huge recognition of the stablecoin field and has brought about a wide range of market chain effects. He mentioned that startups such as Yellow Card (Africa's compliant cryptocurrency on-boarding and off-boarding platform) and Felix Pago (a stablecoin remittance service integrated with WhatsApp) are gaining momentum by demonstrating the practicality of stablecoins beyond crypto transactions. Lopez predicts that in the next 3-5 years, about 30% of remittances between the United States and Mexico (about US$20 billion) may be completed through stablecoins.
Prediction: About 30% of remittances between the United States and Mexico may be completed through stablecoins in the next 3-5 years
Comment
Recommend Reading
2024-12-16In-depth analysis of the underlying reasons for the current crypto market volatility: Anxiety about the value growth of BTC after breaking new highs
2024-12-14a16z: Stablecoins will reshape the trillion-dollar payment industry
2024-12-13Ethena may launch new stablecoin product USDtb on December 16
French financial group Oddo is developing a euro stablecoin and is expected to launch it next year
Coinbase plans to remove USDT and other non-compliant stablecoins in Europe
2024-12-12New trends in the stablecoin arena: 23 projects officially announced investment and financing in the second half of the year, and Binance and Circle reached a "century reconciliation"
