The payment market is remarkably one of most developing markets globally. However, Stellar and Ethereum blockchain-based solutions could be a game changer for this space even as point-of-sale fees become a constant bone of contention.
Blockchain consultant at Citi Ventures, Omir Malekan, explained that with Stellar and Ethereum-based blockchains, the market can be revolutionized. He pointed out that with the transparency promised by these blockchains, the integrity of transactions will be improved.
He further pointed out the integration of stablecoins on these platforms and their adoption is set to remove restrictions and issues that has been plaguing the global payment market. Highlighting the merits of stablecoins, Malekan explained that transactions will not only be transparent but faster.
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