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Stablecoins Are Seeing Adoption as a Cross-Border Settlement Mechanism: Bernstein

9 April 2024
in Bitcoin
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Solana is conducting pilots with Visa and Shopify, however it’s unclear whether or not the blockchain can break into extra mainstream shopper and business-to-business funds, which might require an enormous soar in scalability, the notice stated.

“Scalability necessities for shopper funds would require 15-20 fold progress from right here (Solana ~700 TPS versus 10K+ for fee networks), and common objective blockchains are but to cross that chasm,” the report added.

Learn extra: Stablecoin USDC Is Making a Comeback: Coinbase



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Tags: AdoptionBernsteinCrossBorderMechanismsettlementStablecoins
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