LONDON, TALLINN, Estonia and GIBRALTAR, Dec. 2, 2024 /PRNewswire/ -- Orbital, a multi-licensed leader in traditional and blockchain-based payment solutions, proudly announces the launch of its new Stablecoin Payments Dashboard, a first-of-its-kind tool providing unprecedented insights into stablecoin payment trends across innovative metrics.
As stablecoins see explosive growth in payment use cases—ranging from peer-to-peer transactions and online merchant payments to cross-border B2B payments and corporate treasury solutions—Orbital has identified a critical need for comprehensive data to quantify their adoption for consumer-sized payments.
"Stablecoins are transforming global commerce, but businesses lack clarity on how to leverage them effectively for consumer payments," said Luke Wingfield Digby, Co-Founder of Orbital and head of the company's dedicated research team. "Our new dashboard fills this gap, providing actionable insights on which tokens, blockchains, and exchanges are driving consumer adoption in this fast-evolving space."
Key Insights from the Dashboard
Orbital's Stablecoin Payments Dashboard offers a novel view into stablecoin consumer payment trends:
Methodology Behind the Dashboard
The Orbital Stablecoin Payments Dashboard tracks stablecoin adoption for the "payments" use case by analysing consumer-size transactions (up to $10,000). Partnering with blockchain analytics leader Artemis.xyz, the dashboard focuses on filtering out unrelated activity like DeFi and speculative trades, ensuring accurate insights into payment trends.
In addition to on-chain data, Orbital plans to integrate additional data sources for a holistic view of stablecoin usage across industries and regions. This methodology empowers businesses with actionable insights into stablecoin payment behaviours.
Empowering Businesses in a Stablecoin Era
The dashboard equips businesses with the intelligence they need to decide which tokens and blockchains to support for accepting crypto and moving money cross-border, ensuring they remain at the forefront of consumer payment stablecoin adoption trends. It also provides insights into consumer behaviour, helping businesses adapt their payment strategies for a rapidly evolving digital payments landscape.
About Orbital
Orbital is a multi-licensed group with offices in the UK, EU, and beyond, delivering traditional and crypto payments powered by blockchain and stablecoins. Established in 2017, Orbital holds licences in three jurisdictions enabling it to provide an all-in-one global payments platform offering pay-ins, payouts, conversion, global accounts in both traditional and cryptocurrencies, and a crypto payment gateway for businesses.
Orbital allows businesses to operate globally without the hassle of time-consuming and expensive cross-border payments. With a strong focus on regulation, compliance, and top-tier security measures, Orbital is a trusted provider of innovative cross-border payments and stablecoin solutions. Backed by a team of experienced fintech professionals, the company enables modern payment rails for businesses worldwide.
Important
Pay Perform OÜ and Pay Perform Digital Limited are not registered as crypto asset service providers by the Financial Conduct Authority and therefore their services pertaining to crypto assets are not available in the UK. Orbital's crypto-related services are directed and intended for qualifying non-retail persons outside the UK.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Orbital Unveils New Stablecoin Payments Dashboard with Cutting-Edge Consumer Payment Insights
NEW DELHI , Dec. 2, 2024 /PRNewswire/ -- "Let's aspire for a Green & Sustainable Viksit Bharat. Achieving zero waste and eco-friendly production requires a skilled workforce in recycling technologies and eco-friendly product design," said Shri Bhupender Yadav, Minister of Environment, Forest, and Climate Change, at CII's 9th International Conference on Waste to Worth.
The conference focused on leveraging innovation, technology, and global partnerships to tackle waste challenges. Shri Bhupender Yadav highlighted the importance of a circular economy, which emphasizes reducing, reusing, and recycling at every stage, from product design to end-of-life management. He stated that "waste should not be treated as a burden but as a resource," adding that adopting sustainable practices is crucial for achieving economic resilience, environmental sustainability, and social security.
Shri Yadav also discussed various policies spearheaded by the Government of India, including the Plastic Waste Management Rules, Construction and Demolition Waste Management Rules, E-Waste Management Rules, and the Motor Vehicle Scrap Policy. These initiatives aim to streamline waste management and promote eco-friendly production across industries.
Shri Tokhan Sahu, Hon'ble Minister of State for Housing and Urban Affairs, emphasized the transformative potential of waste-to-worth principles. He called for turning adversity into opportunity by adopting innovative approaches to waste management. Shri Sahu highlighted how the National Circular Economy Framework (NCEF), developed by CII, serves as a roadmap for transforming cities into smart, sustainable urban centers. He stressed that efficient waste management is integral to India's fast-tracking urban development goals.
Speaking at the event, Shri Baldeo Purusharth, Joint Secretary (ISD), Department of Economic Affairs, highlighted India's progress in achieving a circular economy through innovative practices and global collaborations. He called for recognizing grassroots solutions, including contributions from children and individuals without formal expertise. "Solutions for waste-to-worth can come from anywhere, and we need systems to harness this collective ingenuity," he said.
Masood Mallick, Chairman of CII's National Committee on Waste to Worth Technologies, and Managing Director & CEO of ReSustainability, stated that achieving net-zero goals requires more than renewable energy. He emphasized decarbonizing essential materials like steel, glass, plastics, and concrete through innovative recycling and resource recovery practices. "These efforts will transform waste into valuable inputs for building a sustainable future," he added.
The conference witnessed the release of the second edition of the National Circular Economy Framework (NCEF), formulated by CII to guide industries on developing sustainable business models. This framework encourages lifecycle assessments and the adoption of circular principles to drive innovation. Prof. Ajay Sood, Principal Scientific Adviser to the Government of India, lauded NCEF for its pivotal role in advancing resource efficiency and offering actionable strategies for stakeholders across sectors.
In addition, the event recognized excellence in waste-to-worth practices through the 5th edition of the CII 4R Awards. Nearly 50 companies received accolades, including Grand Awardees such as Schindler India Pvt Ltd, Blue Planet Environmental Solutions India Pvt Ltd, and EverEnviro Resource Management Pvt Ltd. These companies demonstrated exceptional contributions to transforming waste into valuable resources.
The day-long conference, attended by over 300 delegates, facilitated dynamic discussions led by industry leaders, government representatives, international experts, and academic stalwarts. Topics ranged from governance and circular economy transitions to cutting-edge technologies and sustainable growth opportunities. The event also featured an exhibition where ten companies showcased innovative waste-to-worth technologies, demonstrating practical applications of circular principles.
By uniting policymakers, industry experts, and citizens, the conference reaffirmed India's commitment to becoming a global leader in sustainable development initiatives.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
9th International Conference on Waste to Worth was organized by CII
