Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

A New Blockchain Payments Survey Shows Stablecoins Going Mainstream. Here's How to Buy Into the Stablecoin Investment Trend.

Stablecoins are going mainstream, but buying them won't make you rich. Here's where the real investment opportunity lies.

A recent survey indicates that stablecoins are becoming mainstream in blockchain payments. Once considered a novelty, stablecoins are now being used by corporations for daily operations, with nearly 70% of financial institutions investing in stablecoin infrastructure. The total supply of stablecoins is approximately $300 billion, facilitating tens of billions in daily transactions.

Businesses are drawn to stablecoins due to their ability to reduce the costs of international transactions, offering faster settlement times and alternative avenues for earning interest. Instead of purchasing individual stablecoins, investors should consider investing in the infrastructure that supports them, such as companies like Circle Internet Group, Coinbase Global, and Layer-1 blockchain networks.

These organizations benefit from the growth of stablecoins and provide opportunities for generating regular income.

Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at fool.com →

More in Finance & Markets

More from Thursday 12 November →