According to an announcement from Dapper Labs, it has teamed up with its Flow blockchain and a stablecoin, reaching an agreement with cryptocurrency exchange Binance to bring BUSD to Flow at this time.
Visa announced that its payment network of 60 million merchants worldwide will be connected with the U.S. Dollar Coin (USDC) issued by Circle on the Ethereum blockchain.
Although the global economy this year is confined by the uncertainty brought about by the COVID-19 pandemic, the huge growth of cryptocurrency still makes 2020 the year of stablecoin.
Ripple CEO, Brad Garlinghouse declared that 2021 will see more adoption of digital assets and growth of the crypto market as more people will be looking to diversify their portfolios into cryptocurrencies.