The adoption rate of stablecoins has exploded, becoming the default settlement layer of the internet.

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On June 29, Noam Hurwitz, the engineering director of Alchemy, stated that stablecoins have become the backbone of internet payments, with their adoption rate now surpassing that of major traditional card networks. The adoption rate of stablecoins is experiencing an "explosive" rise and is becoming the default settlement layer of the internet.

Companies like PayPal and Stripe are integrating stablecoins to leverage on-chain infrastructure for faster and cheaper transactions. Stablecoins make currency "cheap, fast, global, and secure to transfer," and these characteristics have made them widely popular for various uses, being extensively adopted in cross-border payments and prediction markets like Polymarket.

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StableBoivip
· 07-01 08:34
The next big short is not far away.
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DiamondHandsvip
· 06-30 17:37
Stablecoin yyds
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GateUser-74b10196vip
· 06-29 14:54
No way, damn, it finally arrived.
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FloorPriceWatchervip
· 06-29 14:43
What is the cheapest stablecoin~
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AirdropFatiguevip
· 06-29 14:35
So it turns out they have already infiltrated TradFi.
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SandwichDetectorvip
· 06-29 14:32
There is real potential.
View OriginalReply0
WhaleSurfervip
· 06-29 14:32
Again it's time to da moon
View OriginalReply0
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