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VanEck CEO Jan Van Eck predicts that ‘super apps’ supporting stablecoins will challenge traditional payment systems. These apps bypass intermediaries like Visa and Mastercard, reducing transaction costs significantly. The GENIUS Act’s new regulatory framework adds another layer to this evolving landscape.
- Super apps with stablecoin support could reduce payment costs by bypassing traditional intermediaries like Visa and Mastercard.
- The GENIUS Act introduces strict regulations for stablecoin issuers, shaping the future of digital payments.
- Circle's strong post-IPO performance contrasts with Van Eck's warning of upcoming competition in the stablecoin market.
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