Odaily Planet Daily News: Everbright Securities released a research report stating that the global retail cross-border payment market will reach 39.9 trillion US dollars in 2024. According to FXC Intelligence, the scale will increase to 64.5 trillion US dollars in 2032, with a compound annual growth rate of 6.2% from 2024 to 2032. From the perspective of the scenario contribution structure: B2B payment occupies a dominant position, contributing 79% of the share; e-commerce payment accounts for 5%; service payment accounts for 11%; C2C payment accounts for 5%. It is worth noting that in the business levels such as RMB cross-border clearing and multi-currency settlement, third-party payment institutions have been deeply embedded in the payment full-link service ecosystem and play an important role. It is expected that stablecoins will drive the global expansion of RMB cross-border payment infrastructure and the diversification of application scenarios, so third-party payment companies can expect revenue growth. (Daily Economic News)
