Reported about 13 hours ago
With the recent passing of the GENIUS Act, stablecoins are poised to enter mainstream usage as a payment method, potentially transforming shopping, money transfers, and banking. Unlike traditional cryptocurrencies, stablecoins maintain a stable value and offer advantages such as lower transaction fees and instant settlements, appealing to both merchants and consumers. As stablecoins gain acceptance, they could reshape payment systems by facilitating micro-transactions, enhancing international transfers, and allowing for new financial models that challenge traditional banking practices.
Source: YAHOO