Stablecoins Gain Traction as Leaders Seek Clarity on New Digital Money

The rise of stablecoins is gaining momentum in finance and global payments, but many leaders still don't fully understand what they are or how they work.

A new eBook from Visa Direct, 'Stablecoin 101: The Dollar That Doesn’t Sleep,' explains the basics of blockchain and stablecoins, as well as their potential benefits for businesses and individuals.

The eBook features exclusive research from East & Partners and covers topics such as how institutions will work together to make stablecoins safe and reliable. It also highlights the opportunities that stablecoins can provide in settlement, liquidity, and cross-border money movement.

According to Vira Platonova, Visa Direct's Global Head, clarity is what has changed in the conversation around stablecoins. 'Around the world, regulatory frameworks are evolving, helping establish clearer structures,' she said.