VanEck Ventures Partner: About 30% of remittances between the United States and Mexico will be completed through stablecoins in the next 3-5 years
ChainCatcher news, according to The Block, the stablecoin sector is attracting increasing attention from venture capital. Y Combinator has listed stablecoins as a key focus area for the Winter 2025 batch, with several projects receiving significant funding: the stablecoin infrastructure project usdx.money completed a $45 million financing at a valuation of $275 million; Binance Labs invested in the Solana ecosystem stablecoin protocol Perena; the MiCA-compliant EU stablecoin issuer Quantoz Payments received investments from Tether, Kraken, and others. Stripe acquired the stablecoin payment platform Bridge for $1.1 billion, setting a record for the largest merger and acquisition deal in the cryptocurrency industry.
Galaxy Ventures partner Will Nuelle expects that by the end of 2026, the transaction volume of stablecoins for non-cryptocurrency use cases such as trade finance and payment processing will reach $1 trillion, accounting for over 1% of the global cross-border B2B payment market share. VanEck Ventures partner Juan Lopez predicts that in the next 3-5 years, about 30% (approximately $20 billion) of remittances from the U.S. to Mexico will be completed using stablecoins.