TechFlow news — On January 8, Nick van Eck, CEO and co-founder of stablecoin issuer Agora, said in an interview with Coindesk that blockchain-based payments will surge over the next decade. "We're going to see most cross-border payments move to stablecoins rather than using Swift as the banking system does today. You'll also see a lot of foreign exchange settlements happening on-chain. We're excited to play a significant role in both of these growing markets."
Nick van Eck also noted that the main obstacle to widespread stablecoin adoption is regulation. Businesses are eager to use stablecoins due to their cost efficiency and speed, but they require clear legal and compliance frameworks—such as knowing who the licensed providers are. While stablecoins have gained traction in crypto-native circles, they still hold untapped potential in traditional markets like cross-border payments and B2B transactions. "I think this is just the beginning of a 20-year journey toward mass adoption," he said.
