Odaily Planet Daily News: Noam Hurwitz, head of engineering at Alchemy, said that stablecoins have become the mainstay of Internet payments, and their adoption rate has now exceeded that of major traditional card networks. The adoption rate of stablecoins has "exploded" and is becoming the default settlement layer of the Internet. Companies such as PayPal and Stripe are integrating stablecoins to leverage on-chain infrastructure for faster and cheaper transactions. Stablecoins make currency "cheap, fast, global and secure to transfer." These features make them popular for a variety of purposes and are widely adopted in cross-border payments and prediction markets such as Polymarket. (Cointelegraph)