Stablecoins in the global payments market. Binance Kazakhstan's view
Developments of the last two months, the growing interest in stablecoins shown by payments market participants, retailers and consumers managed to break the “conspiracy of silence”. This is evidenced by a series of truly loud announcements of strategic partnerships formed by the largest market participants starting from April 2025. Nurkhat Kushimov, General Manager of Binance Kazakhstan, dwells on the strengthening position of stablecoins in the payments market, including cross-border transactions.
Developments of the last two months, the growing interest in stablecoins shown by payments market participants, retailers and consumers managed to break the “conspiracy of silence”. This is evidenced by a series of truly loud announcements of strategic partnerships formed by the largest market participants starting from April 2025. Nurkhat Kushimov, General Manager of Binance Kazakhstan, dwells on the strengthening position of stablecoins in the payments market, including cross-border transactions.Journal: PLUS №6 (326), 2025
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Read in this issue:
- May in Central Asia Didn't End in June, or What Digital Uzbekistan Showed
- 5th International PLUS-Forum Digital Uzbekistan. First day roundup
- Topical issues of Digital Uzbekistan 2025. Second day roundup
- Fraudfighting&Security Stanislav Kuznetsov at SPIEF-2025: the war against telephone scammers – 295 billion rubles stolen, 300 billion saved
- A patchwork-style IT modernization or How banks can cope with modern challenges based on BaaS platforms
- Data security in e-commerce: how to protect your business from leaks
- Three years without SWIFT. Where did we arrive at in international settlements?
- Stablecoins in the global payments market. Binance Kazakhstan's view
- Tokenization of assets. How can businesses legally use this tool?
- Digital infrastructure providers will become key players in the digital ruble ecosystem
- Analysis of customer feedback and the evolution of Armenian bank applications
- How are e-commerce insurance technologies developing in the world?
- Chinese-style artificial intelligence. How China is becoming a world leader in AI
- New requirements for information protection in the banking sector