{"id":210977,"date":"2023-12-12T14:38:37","date_gmt":"2023-12-12T09:08:37","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=210977"},"modified":"2023-12-12T14:38:37","modified_gmt":"2023-12-12T09:08:37","slug":"global-stablecoin-settlements-already-at-50-to-that-of-visa-and-mastercard-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/global-stablecoin-settlements-already-at-50-to-that-of-visa-and-mastercard-crypto-news\/","title":{"rendered":"Global Stablecoin Settlements Already At 50% to That of VISA and Mastercard – Crypto News"},"content":{"rendered":"

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The stablecoin market is advancing pretty fast and making quick inroads into the global settlement industry. A recent report from USDC stablecoin issuer Circle stated that the global settlement value of stablecoins surpassed $7 trillion, which is comparable to the $14 trillion settled by Visa and Mastercard combined.<\/p>\n

Demand for Blockchain-based Financial Services<\/h3>\n

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Circle, the issuer of the USDC stablecoin<\/a>, suggests that blockchain infrastructure is on the verge of handling increased economic activity globally, especially in Latin America. The shift towards blockchain-based financial services is accelerating, with millions of businesses and billions of people expected to turn to regulated blockchain solutions for savings, payments, and credit.<\/p>\n

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Latin America is playing a leading role in this transformation, with citizens receiving $562 billion in digital currency value from mid-2021 to mid-2022. The growth is due to the value proposition of expanded access, particularly targeting the 1.7 billion underbanked individuals globally who own smartphones. This trend will further disrupt traditional financial processes and bureaucracy.<\/p>\n

LatAm Driving Stablecoin Adoption<\/h3>\n

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\u2713 Share:<\/p>\n

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Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills. <\/p>\n<\/p><\/div>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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The stablecoin market is advancing pretty fast and making quick inroads into the global settlement industry. A recent report from USDC stablecoin issuer Circle stated that the global settlement value of stablecoins surpassed $7 trillion, which is comparable to the $14 trillion settled by Visa and Mastercard combined. Demand for Blockchain-based Financial Services Circle, the […]<\/p>\n","protected":false},"author":2,"featured_media":210978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-210977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/210977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=210977"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/210977\/revisions"}],"predecessor-version":[{"id":210980,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/210977\/revisions\/210980"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/210978"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=210977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=210977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=210977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}