OKG Research: It is expected that the settlement amount of stablecoin payments will exceed $850 billion by 2030.

PANews reported on May 30 that according to the latest estimation data from OKG Research, as of 2024, the annual settlement volume of stablecoin payments will reach US$50.8 billion, accounting for 7.3% of the global personal cross-border remittance market (about US$696 billion), and maintaining an annual growth rate of more than 60% for two consecutive years. The report points out that on-chain payment is gradually complementing traditional cross-border remittance channels with the advantages of low rates, real-time settlement, and all-weather availability. OKG expects that if the current growth rate is maintained, the scale of cross-border settlement of stablecoins is expected to exceed $850 billion by 2030.

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