#Stablecoins will become a key tool for wholesale trading.#

Social Capital CEO Chamath Palihapitiya predicts that stablecoins will become a key tool for wholesale transactions by 2025. He points out that by 2024, stablecoin usage will decouple from cryptocurrency trading, exceeding 1.1 billion transactions with a settlement value of $8.5 trillion, more than double the volume of Visa transactions. Palihapitiya believes this growth will challenge the duopoly of Visa and Mastercard, especially as credit card interest rates rise. He emphasizes that blockchain technology provides transparency and traceability for transactions, and believes this will contribute to the widespread adoption of stablecoins in wholesale transactions. Palihapitiya also mentions regulatory concerns, but believes the transparency and traceability of stablecoins will help address these issues. His prediction is based on the rapid growth of stablecoins in 2024 and their potential applications in wholesale transactions. He believes that the adoption of stablecoins will challenge traditional payment systems and create new opportunities for the financial industry.