ChangeNOW envisions stablecoins as the true realization of Bitcoin’s peer-to-peer electronic cash ideal, outperforming institutional Bitcoin treasuries in practicality and accessibility. In an exclusive interview, Chief Strategy Officer Pauline Shangett critiques treasuries for introducing intermediaries and inflating prices, while promoting stablecoins for seamless cross-border payments. This perspective highlights ChangeNOW’s evolution from a swap service to a comprehensive B2B platform, offering valuable insights for investors navigating the shift from speculative holdings to utility-driven assets in the crypto space.
ChangeNOW started as a non-custodial instant swap service in 2017 and has expanded into NOW Solutions, a B2B platform including NOWPayments for merchants and NOWNode for RPC infrastructure. The company provides end-to-end crypto management for Web2 and Web3 businesses, focusing on usability and security. Shangett’s vision emphasizes stablecoins’ superiority for everyday transactions over Bitcoin treasuries. This positions ChangeNOW as a bridge between traditional finance and crypto, driving adoption through practical tools.
Stablecoins are praised as crypto’s “real killer app” for enabling fast, cheap cross-border transfers, such as sending USDT from Dubai to Singapore. They benefit migrant workers, businesses, and underbanked regions by reducing fees and intermediaries. Shangett criticizes Bitcoin treasuries for deviating from Satoshi’s vision, as companies like MicroStrategy hold vast BTC supplies, creating scarcity that prices out retail users. Stablecoins, in contrast, fulfill the peer-to-peer cash promise without such distortions.
Bitcoin treasuries are seen as a U.S. and European phenomenon driven by profit motives, potentially harming crypto’s ethos. In Asia, stablecoins dominate for intercontinental payments due to practicality. ChangeNOW’s APAC tour in Bali, Japan, Hong Kong, Korea, and Singapore scouted partnerships, noting Asia’s leadership in adoption. Shangett predicts smaller treasuries will fade or be absorbed, with stablecoins prevailing globally.
Stablecoins’ rise could shift focus from speculative treasuries to utility-driven assets, fostering mainstream adoption. ChangeNOW’s infrastructure for stablecoin integration with neobanks and cards will reduce scams and improve user experience. Governments may legitimize stablecoins over CBDCs, impacting sovereignty concerns. This trend promises a more inclusive crypto ecosystem.
Stablecoins are revolutionizing payments by enabling fast, cheap transfers, outpacing Bitcoin treasuries in utility. Key takeaways: Prioritize compliant platforms for stablecoin trades. Explore ChangeNOW for swaps, monitor APAC trends, or check DeFi resources for stablecoin yields.
Related Articles
Data: In the past 7 days, a certain CEX’s net outflow of reserve assets exceeded $228 million, and the Gate BTC wallet balance fell by 3.88%
BIT posts an analysis of Bitcoin ETF fund flows, with net inflows resuming in March
Over the past 24 hours, liquidations across the entire network totaled $132 million, with long positions accounting for 58.8% of the liquidations