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Original author: 100y Original translation: TechFlow Key Takeaways Visa and Mastercard are the two major operators of the global payment network. It is no exaggeration to say that they almost dominate the global payment market. It is estimated that the total global payment transaction volume will reach 20 trillion US dollars by 2024. If card payments can be processed through blockchain networks in the future, this will bring huge development opportunities to the blockchain and stablecoin industries. Although the front-end experience of todays payment system has been greatly improved due to the innovation of various fintech companies, the back-end system that actually processes transactions still relies on outdated technology. There are still many problems in settlement and cross-border payments, and blockchain provides an exciting solution to these problems. In April…# Analysis# crypto# defi# ethereum# Exchange# Market# Sandbox# Token# web3Pre
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