Stablecoins in Singapore: Payments Reach Almost $1 Billion

Recent data shows that the use of stablecoins in payment transactions in Singapore has significantly increased, reaching nearly $1 billion. This indicates a growing interest in digital currencies and their integration into everyday financial operations. Stablecoins, which are cryptocurrencies pegged to fiat currencies, are becoming increasingly popular among businesses and consumers seeking faster and more secure methods of transaction.

Continue reading