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46% in APAC eye stablecoins as EU rewards debate grows

46% in APAC eye stablecoins as EU rewards debate grows

Photo: CoinGeek

By Cathy Resurreccion . Editor and writer covering blockchain, digital finance, AI, cybersecurity, and emerging technology. TL;DR: Findings from Visa Consumer 360 research revealed growing interest in using stablecoins in Asia-Pacific . Meanwhile, in Europe , a 50,000-letter campaign urges the EU to ease restrictions on stablecoin rewards in the MiCA review. At the same time, a new report by Lloyds Banking Group ( NASDAQ: LYG ) found that 71% of U.K. finance decision-makers expect tokenization to reshape the industry. Visa ( NASDAQ: V ) recently released a survey revealing growing awareness of stablecoins in Asia-Pacific.

Source: CoinGeek

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