Ethereum Foundation AI Engineer Vitto Rivabella wrote that the most intense criticisms of blockchain almost all come from developed countries with well-functioning existing financial systems. However, in Nigeria, Argentina, and Venezuela, stablecoins have become a survival tool for hundreds of millions of people to resist inflation and avoid high remittance fees — in 2024, the global stablecoin transfer volume reached $27.6 trillion, surpassing the combined total of Visa and Mastercard.

ETH3.55%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments