Reported 2 days ago
Stripe CEO Patrick Collison highlighted the increasing adoption of stablecoins for business payments, citing their advantages over traditional systems in speed, cost, and reliability. In a recent discussion, he noted that businesses like SpaceX and DolarApp are using stablecoins for practical financial operations rather than speculative reasons. Collison announced the launch of Tempo, a blockchain infrastructure designed specifically for stablecoin payments, which aims to streamline global transactions with low fees and high efficiency. He emphasized the regulatory clarity surrounding stablecoins and their potential to address challenges in high-volume money movement.
Source: YAHOO