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Evolving Money: A Faster, Cheaper Way to Pay (Sponsored Content)

Bloomberg Surveillance

CHAPTER

The Evolution of Payment: From Credit Cards to Stable Coins

This chapter explores the historical journey of payment methods, focusing on the transformative impact of the credit card, particularly the creation of the Diners Club card in 1949. It also addresses the modern evolution of money through stable coins, emphasizing their potential to lower transaction costs and improve efficiency in today's financial ecosystem.

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