$690B Stablecoin Opportunity? Crypto CEO Tells Senate Digital Assets Can Cut Costs

1 month ago 14

Rommie Analytics

Key Takeaways:

  • Cody Carbone, CEO of Digital Chamber, told the United States Senate that digital assets can help reduce payments, remittance and asset ownership costs.
  • Stablecoins and payment rails built on blockchain could cut costs of cross-border payments and merchant transactions.
  • Tokenization can enhance the transfer of ownership, real estate transactions, and investment markets.