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Benzinga
Benzinga
Business
Murtuza J Merchant

300% Growth In High-Inflation Nations: Why Stablecoins Are Booming Where Fiat Is Failing

Top,Five,Cryptocurrency,Stablecoin,Tokens,By,Market,Capitalization,On,March

Experts see exponential growth in on-chain payment volumes, rising institutional engagement, and shifting regulatory frameworks as proof of stablecoins as connector between traditional finance and blockchains.

What Happened: According to Messari's "State of Stablecoins" report, transfer volumes for stablecoins now rival legacy payment networks such as ACH, and in some cases surpass volumes seen on Visa (NYSE:V) and PayPal (NASDAQ:PYPL).

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