⚡️ LATEST: Joseph Chalom says stablecoins — not Bitcoin — will dominate onchain payments 💵🌐
What is happening? $BTC
• SharpLink CEO Joseph Chalom said he is “very bearish” on Bitcoin becoming a mainstream payment method $ETH
• He argued stablecoins will become the primary way money moves onchain
• Comments reflect growing separation between BTC’s “store of value” role and stablecoin payment utility $BNB
• Stablecoin adoption continues accelerating globally
What this suggests:
• Markets increasingly view Bitcoin as digital gold rather than transactional money
• Stablecoins are emerging as the dominant blockchain settlement layer
• Traditional finance and crypto infrastructure may converge around regulated stablecoin systems
Context:
• Stablecoin volumes and adoption have surged across payments, remittances, and settlement infrastructure
• Major firms including Visa, Stripe, Ripple, and banks are expanding stablecoin integrations
📊 Market takeaway:
Bullish for stablecoin infrastructure and tokenized payments. The crypto market is increasingly splitting into two narratives: Bitcoin as a reserve asset and stablecoins as the transactional layer for global finance.