PANews reported on May 30 that according to the latest data from OKG Research, by 2024, the annual settlement volume of stablecoin payments will reach US$50.8 billion, accounting for 7.3% of the global personal cross-border remittance market (approximately US$696 billion), and has maintained an annual growth rate of more than 60% for two consecutive years. The report pointed out that on-chain payments are gradually filling the gaps in traditional cross-border remittance channels with their advantages of low fees, real-time settlement, and 24/7 availability. OKG predicts that if the current growth rate is maintained, the scale of stablecoin cross-border settlement is expected to exceed US$850 billion by 2030.