#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 this will help stablecoins gain regulatory acceptance. Palihapitiya's prediction is based on the rapid growth of stablecoins in 2024, where their transaction volume has already surpassed Visa, indicating that stablecoins are becoming a more popular payment method. He believes that stablecoin adoption will continue to grow in the coming years and eventually become the dominant tool for wholesale transactions.