A key event focusing on stablecoins and their role in the modern financial landscape will take place in Amsterdam.
Surge in Stablecoin Usage
The use of stablecoins has surged mainly due to their utility for faster and cheaper cross-border transactions. Last year, stablecoin transfer volume reached $27.6 trillion, surpassing the combined volume of Visa and Mastercard transactions.
Event Goals and Participants
The event titled 'Stablecoins and the Future of Payments' gathered leaders from digital asset, fintech, and stablecoin sectors for evening discussions and networking. Participants include leaders from Polygon, Dragonfly, and the International Airlines Group (British Airways, Iberia) among others.
Dynamics of Innovation in Stablecoins
The event will explore how stablecoins are currently being used and what is needed to accelerate institutional adoption. 'The pace of innovation in stablecoins and payment infrastructure is accelerating faster than ever,' noted Bentzi Rabi, co-founder and CEO of Utila.
The planned event will create a platform for discussing pathways for integrating stablecoins into a wide range of payment systems and shaping a more open financial ecosystem.