Stablecoins Make Crypto Ramps Attractive M&A Targets, Says VanEck VC

Reported 3 days ago

Juan Lopez, Managing Partner at VanEck Ventures, indicates that companies facilitating exchanges between digital assets and traditional payment systems are becoming increasingly attractive for mergers and acquisitions due to the rise of stablecoins. With the recent U.S. legislation on stablecoins, on-and-off ramp businesses are evolving from simple exchange facilitators to integral payment providers, spurring new use cases in remittances and business transactions.

Source: YAHOO

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