Everbright Securities: Stablecoins Drive Surge in Global RMB Payment Activity

Foresight News reports, citing National Business Daily, that Everbright Securities has released a research report stating that the global retail cross-border payments market is expected to reach $39.9 trillion in 2024. According to FXC Intelligence, this figure is projected to grow to $64.5 trillion by 2032, with a compound annual growth rate of 6.2% from 2024 to 2032. In areas such as RMB cross-border clearing and multi-currency settlement, third-party payment institutions have become deeply integrated into the full-chain payment service ecosystem, playing a vital role. It is anticipated that stablecoins will drive the global expansion of RMB cross-border payment infrastructure and diversify application scenarios, thereby creating significant revenue growth opportunities for third-party payment companies.