The post Tether Stablecoin Could Become Default Internet Settlement Layer Amid Growing Onchain Volume and Regulatory Developments appeared on BitcoinEthereumNews.com.

Stablecoins have emerged as the dominant settlement layer for internet transactions, surpassing Visa and Mastercard in onchain volume. This shift reflects the growing adoption of stablecoins for fast, secure, and cost-effective digital payments across global markets. Noam Hurwitz, head of engineering at Alchemy, emphasizes that stablecoins are becoming the backbone of the tokenized financial system, powering major fintech platforms. Stablecoins now lead onchain transaction volume, outpacing traditional card networks and reshaping internet payments with faster, cheaper, and global transfers. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Stablecoins Surpass Traditional Payment Networks in Onchain Volume Recent data reveals that stablecoins have overtaken Visa and Mastercard in onchain transaction volume by approximately 7%, signaling a significant transformation in digital payment infrastructure. According to Noam Hurwitz, head of engineering at Alchemy, this milestone underscores stablecoins’ role as the default settlement layer for the internet. Their ability to facilitate near-instantaneous, low-cost transactions has attracted widespread adoption from both consumers and enterprises. Companies such as PayPal, Stripe, and Visa are integrating stablecoin technology to leverage blockchain infrastructure, enabling seamless cross-border payments and enhancing liquidity management. This trend highlights a broader shift towards tokenized money as the foundational element of the emerging digital economy. Expanding Use Cases and Institutional Adoption of Stablecoins Stablecoins are increasingly utilized for diverse financial applications beyond simple payments. Hurwitz points to their growing role in cross-border remittances, decentralized prediction…

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Filed under: News - @ June 29, 2025 2:18 pm