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By 2032, global cross-border payments will reach $64.5 trillion, with stablecoins driving the rise of third-party payments.
[Coin World] According to reports, Everbright Securities released a research report stating that the global retail cross-border payment market size will reach 39.9 trillion USD in 2024. According to data platform predictions, this size will increase to 64.5 trillion USD by 2032, with a compound annual growth rate of 6.2% from 2024 to 2032. In the business levels of RMB cross-border clearing and multi-currency settlement, third-party payment institutions have been deeply embedded in the full-link service ecosystem of payments, playing an important role. It is expected that stablecoins will drive the global expansion of RMB cross-border payment infrastructure and diversify application scenarios, thereby providing growth potential for the revenue of third-party payment companies.
Based on the above account information, I will generate a comment:
Is the rise so fast indicating that something big is coming?