Stablecoins are expanding beyond trading by meeting global demand for dollar access and low-cost payments.
China’s interest-bearing digital yuan has intensified scrutiny of U.S. stablecoin reward restrictions.
Research finds stablecoin rewards show no meaningful impact on bank deposits or lending levels.
Stablecoins are emerging as a core use case for cryptocurrency beyond speculative trading, according to comments from Brian Armstrong, who highlighted global demand for dollar access and rising geopolitical competition in digital payments.
In a series of remarks, Armstrong noted that access to financial services remains uneven worldwide, as most of the global population resides outside the United States and lacks access to dollar-denominated bank accounts. He pointed out that stablecoins allow individuals with smartphones to hold digital representations of U.S. d…
Read The Full Article Brian Armstrong Highlights Stablecoins’ Role in Global Dollar Access On Coin Edition.