Catriona Wingate’s Post

It's been 10 years since the first stablecoin launched. In the last decade, we’ve seen their steep growth, reaching a market cap of $165bn in July and representing trillions of dollars in transactions a year. They’ve taken on a multitude of traditional money functions, including payments. We think stablecoin payment volumes will hit $15 trillion by 2023, and we’re excited to see what the next 10 years brings! Get all the insights in our full report with the Cebr https://bit.ly/3A5Ijtt Featuring industry insights from Visa, Circle, Chainalysis, First Digital and BVNK.

It's been 10 years since the first #stablecoin launched! 🚀🚀🚀 In the last decade, we’ve seen their steep growth, reaching a market cap of $165bn in July and representing trillions of dollars in transactions a year. We think stablecoin payment volumes will hit $15 trillion by 2023, and we’re excited to see what the next 10 years brings! Get all the insights in our full report with the Cebr Centre for Economics and Business research https://bit.ly/3A5Ijtt Featuring industry insights from Visa, Circle, Chainalysis, First Digital and BVNK.

It's been 10 years since the first stablecoin launched. In the last decade, we’ve seen their steep growth, reaching a market cap of $165bn in July and representing trillions of dollars in transactions a year. They’ve taken on a multitude of traditional money functions, including payments. We think stablecoin payment volumes will hit $15 trillion by 2030, and we’re excited to see what the next 10 years brings! Get all the insights in our full report with the Centre for Economics and Business research https://bit.ly/3A5Ijtt BVNK

With industry leaders predicting the stablecoin market cap will grow from $165bn to $1 trillion in the next few years, stablecoin payment volumes could easily reach $15 trillion by 2030. At BVNK, we already process billions of stablecoin payments a year. They enable our customers to grow globally, act nimbly and access their funds quickly. In this new report, we bring together some of our own experiences, with the perspective of industry leaders like Visa, Chainalysis, Circle and analysis from the Centre for Economics and Business Research on the broader market impact of stablecoins. Get the full report here:  https://bit.ly/3A5Ijtt #bvnk #stablecoins #payments

July marks 10 years since the first stablecoin was launched. No doubt it's still early days in the development of this internet financial system, but stablecoins are already making their mark, bringing the full utility of the internet to bear on payments: • $165bn market cap • $2.8 trillion pure payments volume in 2024 (excluding trading and high value institutional money movement) – 10x growth since 2020. • Major markets rolling out regulatory frameworks • Big payments companies investing in the tech BVNK teamed up with the Centre for Economics and Business Research to release new analysis on stablecoins on their 10th anniversary. Our report 'The decade of digital dollars' show the link between increasing stablecoin use and economic impact. Thanks to everyone who lent their data and insights to it, including Chainalysis, Visa and Circle. Get the full insights:  https://bit.ly/3A5Ijtt

🪙 Stablecoins were first launched 10 years ago and they've reached USD165bn+ market cap and trillions of dollars in transactions per year ⚡ Businesses and consumers are utilising this new way to move money globally at faster speed 💥 The impact of stablecoins include: (i) release trapped capital (ii) bridging the dollar gap and (iii) mitigating currency volatility See link for the full report with insights from Chainalysis, Visa, Circle and First Digital https://lnkd.in/gnkGKkcE #tokalent #stablecoin #trillions #transactions #speed #impact

Swift is taking a bold step towards the future by building solutions that link fiat currencies with tokenized assets. This move could enable real-time payment and exchange of tokenized assets on their network, offering seamless access to both traditional and digital asset classes. With upcoming tests for multi-ledger DvP and PvP transactions, Swift aims to integrate emerging digital assets like CBDCs and stablecoins alongside fiat. https://lnkd.in/d2TTMJ97

Revolut Launches Revolut X, a Stand-Alone Crypto Trading Platform for Experienced Traders Leonid Bashlykov, Head of Crypto Exchange Product at Revolut, said: “Today, Revolut is offering the UK’s crypto community the opportunity to engage with more than 100 tokens through a stand-alone, best-in-class exchange platform. We are excited by the introduction of our new crypto product, and believe this top-tier trading platform will change the game for experienced crypto traders, providing them with a safe and accessible place to trade. “We put the customer at the heart of everything we do, and understand that competitive fees as well as easy on and off ramping are at the heart of what experienced traders want from a crypto platform. Revolut X along with our recent partnership with MetaMask, further consolidates our product offering in the world of Web3. Together, we are empowering our customers to further grow their wealth, either in fiat or in crypto.” https://lnkd.in/gyShnJf9 #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Robinhood and Revolut explore entry into growing stablecoin sector - Crypto - https://lnkd.in/dRaUQ8mb Digital financial platforms Robinhood and Revolut are evaluating their entry into the stablecoin sector, a decision that could significantly transform their business models and expand their presence in the dynamic digital asset ecosystem. According to a recent Bloomberg report, both companies are

The market signal is pretty clear on commercial stablecoins space. There’s no longer a barrier of entrance to CREAT a stablecoin for any established fintech or crypto platform who sees the angle of having their name branded stablecoins to turbocharge their business. What’s next is to create a differentiating value proposition. Exchanges and Custodians are naturally better positioned for that matter. We’ve come a long way in private fiat stablecoins.