Golden Finance reported that Nick van Eck, CEO and co-founder of stablecoin issuer Agora, said in an interview with Coindesk that blockchain-based payment methods will surge in the next decade. He said: “We will see the majority of cross-border payments move to stablecoins rather than using Swift like the banking system does today. You will also see a lot of FX transactions being settled on-chain. We are excited to be in both play an important role in growth markets.” Nick van Eck also said that the main obstacle facing stablecoins in achieving widespread adoption is regulation. Enterprises are keen to use stablecoins because of their cost-effectiveness and speed, but they need clear legal and compliance frameworks, such as knowing who is holding the currency. brand provider. Stablecoins are gaining traction in the crypto-native space, but there is still untapped potential in traditional markets such as cross-border payments and B2B transactions. “I think this is just the beginning of a twenty-year journey to mass adoption,” he said.