Eliminating archaic payments systems with stablecoins
Stablecoins break down key barriers in cross-border payments, empowering small businesses and enabling financial inclusion.
Opinion by: Simon McLoughlin, CEO at Uphold
2021 witnessed a fintech investment boom, with startups raising approximately $229 billion globally. Higher interest rates and tighter economic circumstances have since tempered that exuberance, but funds continue to pile into the sector. Indeed, the global fintech sector is expected to see a rebound in investment activity throughout 2025.
Why are investors continuing to bet big on this sector? The answer is simple. The current international finance system is in urgent need of modernization. Built for a pre-internet age, it relies on outdated processes, chains of intermediaries and a patchwork of non-standard regulations.
