#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 highlights that blockchain technology provides transparency and traceability for transactions, and believes that the adoption of stablecoins will bring regulatory challenges. Palihapitiya's prediction is based on the rapid growth of stablecoins in 2024, with their transaction volume already exceeding that of Visa, indicating that stablecoins are becoming an independent payment method and have the potential to become a major tool for wholesale transactions in the coming years.