Unlocking £40B Crypto Potential: Stablecoins & Open Banking Insights

Unlocking £40B Crypto Potential: Stablecoins & Open Banking Insights
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The Future of Stablecoins and Open Banking: Insights from The Fintech Times Podcast

In the latest episode of News & Views, the team at The Fintech Times delves into the evolving landscape of stablecoins, the potential of open banking payment solutions, and the promising economic prospects of crypto and Web3 in the UK, which could be valued in the billions.

Key Partnerships and Innovations

Francis opens the discussion by highlighting a significant collaboration between dLocal, a cross-border payments platform, and BVNK, a provider of stablecoin payment infrastructure. This partnership aims to enhance the speed of settlements through the use of stablecoins, marking a notable advancement in payment technology.

The Viability of Open Banking Payments

Polly raises an important question regarding the mainstream adoption of open banking payment methods. She references insights from Yapily, an open banking infrastructure provider, which suggests that these methods could effectively address various challenges faced by both merchants and consumers during transactions.

Regulatory Perspectives on Cryptocurrency

Following the announcement from Barclays that it will restrict cryptocurrency transactions on its Barclaycard credit cards, Tom and the team engage in a discussion about the appropriate regulatory framework for digital assets. Additionally, Tom shares insights from the Startup Coalition, indicating that the crypto and Web3 sectors could unlock an impressive £40 billion economic opportunity in the UK.

Tune In to Episode 205

For a deeper dive into these topics and to hear the hosts’ perspectives, be sure to listen to episode 205 of the podcast.

Access the Podcast on Your Preferred Platforms

You can find the News & Views Podcast on various platforms, including:

  • Unlocking the £40 Billion Crypto and Web3 Opportunity in the UK
  • Yapily’s Perspective on Open Banking as a Solution for Payment Challenges
  • dLocal and BVNK: Bridging the Gap Between Stablecoins and Fiat Currency

Stay informed on the latest developments in fintech by following The Fintech Times for more insightful discussions and analyses.

Disclaimer: This article is provided for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own research before making any investment decisions.

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