#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 help address regulatory concerns. Palihapitiya's prediction is based on the rapid growth of stablecoins in 2024, with their transaction volume already exceeding Visa, indicating that stablecoins are becoming a mainstream payment method and have the potential to play a more significant role in wholesale transactions.