π Stablecoins will be a game-changer for the Commonwealth.
The Commonwealth represents around one-third of the worldβs population β roughly 2.7 billion people.
π From remittances and trade to cross-border payments and SME financing, the potential for stablecoin-driven transformation is enormous.
π¨ 60% of Commonwealth citizens are under 30: A mobile-native, digital-first generation, that will not wait for legacy systems to catch up.
In my recent contribution to the Commonwealth Enterprise and Investment Council (CWEIC) Stablecoin Roundtable, I shared why:
β
Stablecoins can dramatically reduce remittance costs across "Commonwealth corridors"
β
Programmable money can improve transparency and compliance for governments and institutions
β
Thoughtful, evidence-based regulation is essential to balance innovation and stability
β
The Commonwealth can become a global testbed for scalable, inclusive digital finance
π₯ Watch the video for my key takeaways and proposals for a smarter, evidence-based stablecoin strategy across the Commonwealth.
nostr:npub1h6s2fyu5f08v9066ux4n8urs84mu2mngz6d5fntju9nwrfta0ywqcc3jtk
#Stablecoins #Commonwealth #Blockchain #DigitalAssets
https://blossom.primal.net/1a115f32cf587f24a1d5641b61c9de7432d0b78066553fe388b4b40e9ddac860.mov
Login to reply
Replies (1)
stablecoins will be a good step in the right direction to get rid of cash. Then all the drugs cartels and criminals with loads of cash hidden in warehouses will have to exchange their cash for stablecoins but they will have to explain how they got so much money, lots of warehouses full of cash will become worthless.
Once we are on a full stablecoin standard, Bitcoin will continue to eat up their stablecoins and Bitcoin will be the only currency left.
Checkmate.