Bolt has introduced Bolt Connect, aiming to simplify the merchant onboarding process while facilitating stablecoin payments, thus tapping into a growing market valued at 228 billion USD.
The stablecoin domain has expanded significantly this year, with a rise of 33 billion USD and increased participation from companies like Stripe and Visa, indicating a broader acceptance of digital assets.
Stablecoin utilization in payments is projected to enhance cross-border transactions by minimizing delays and hedging against currency volatility, indicating a shift in how global merchants operate.
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