Fipto reposted this
Stablecoins have found their product-market fit! At Fipto, we’ve long believed that stablecoins are the killer app of crypto, and the data in Q2 2024 from a16z crypto most recent report backs this up in a big way. 💡 📊 The numbers don’t lie: - $8.5 trillion in transaction volume with 1.1 billion transactions processed using stablecoins. - When compared to legacy systems like PayPal, Visa, ACH, and Fedwire, stablecoins are standing tall. While traditional payment rails handle massive transaction volumes, stablecoins are proving to be a serious contender for global payments. What’s exciting is that stablecoins are not just growing - they’re transforming how money moves across borders. They offer instant, low-cost, borderless transactions, solving many of the payment challenges businesses face today. And that is what we are building: a stablecoin payment infrastructure for businesses. At Fipto, we're committed to leveraging stablecoins to provide innovative payment solutions that meet the demands of the modern financial landscape. 🌍 It's clear - stablecoins are not the future of finance, they're the present. #Stablecoins #Crypto #Payments #Fintech #Innovation #Blockchain #DigitalFinance