Standard Chartered CEO cheers blockchain; payment firms scale stablecoins
What's at stake: Payment firms are adding distribution partners to create networks for stablecoin payments market. Supporting data: Thirty five percent of financial institutions said clients are asking for the ability to make payments using cryptocurrencies, according to American Banker's On-Chain Finance Report.Forward look: Standard Chartered CEO Bill Winters said all transactions will soon be processed on a blockchain. As interest in stablecoins increases, payment firms are looking for ways to support t ...