Breaking News! 🌐

- **SCB and Lightnet team up**: Thailand's Siam Commercial Bank, in collaboration with Lightnet, will offer cross-border remittance and payment services with stablecoins. 24/7 transactions and reduced costs!

- **Financial Inclusion**: Lightnet CEO Tridbodi Arunanondchai highlights the benefits of stablecoins for all customers, promoting financial inclusion and offering unique value to retail, corporate and institutional clients.

- **Stablecoins on the rise**: In developing countries, dollar-denominated stablecoins are increasingly used as a store of value. In Venezuela, more than 50% of digital assets sent as remittances in 2023 were stablecoins.

- **Remittances on the rise**: A Mastercard report reveals that remittances to South America are growing rapidly, driven by blockchain assets such as stablecoins.

Do you think stablecoins are the future of finance? Let us know your thoughts in the comments!