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💸 Kai Sheffield, the head of Visa's crypto division, believes that the demand for non-dollar stablecoins will grow in the coming years.

Dollars are great for cross-border transactions, but you need the ability to convert them quickly and efficiently. This gap should be filled by currency-based stablecoins.

✔️ Sheffield stated that 2024 has become something of a turning point, as some non-crypto companies started using stablecoins for payments to overseas freelancers and employees, particularly in countries with high inflation, such as Nigeria and Argentina.