The internet made information global. Crypto is making a similar impact on money. While recent headlines might fixate on prices of bitcoin, a deeper and longer-lasting shift is under way in digital payments. This is the year that stablecoins, or cryptocurrencies pegged to assets such as the dollar, are becoming part of the mainstream for online and international payments.
This isn’t just about payments. It’s a realignment of global finance. The internet gave us borderless communication. Stablecoins give us borderless value transfer. With clear rules and market structure in...
https://www.ft.com/content/7b604dc2-5e9a-45bc-9711-0b1d3d7342fd
