Jonny Fry Posted

Why do we need stablecoins?

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According to Statista in 2020 digital and mobile payments made up  45% of the entire e-commerce payment transactions, and such payments are expected to grow to more than 51% by 2024. Asia and Pacific saw approximately 60% while only 20% of e-commerce transactions in 2020 in Latin America where made digitally or by mobile.

Most of the major debit/credit card firms are offering their customers the ability to use digital currencies such at Bitcoin or different stablecoins.

This is good news for the various governments around the world that...