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Visa Crypto Executive: Non-Dollar Stablecoins Could Rise in the Coming Years
Cuy Sheffield, head of Visa's crypto business, said that the demand for stablecoins based on non-U.S. dollar fiat currencies will continue to grow in the coming years, and while the U.S. dollar is suitable for cross-border transactions, fast and efficient local currency conversion is equally important, providing a huge opportunity for other local currency stablecoins. Cuy Sheffield predicts that every major fiat currency will be represented on the blockchain in the future. He welcomes the emerge...
2024-09-20 23:10:20
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