VanEck CEO Predicts Rise of ‘Super Apps’ Like Robinhood, Kraken and X Will Put Pressure on TradFi’s Payments System
2025-07-20 20:03:16
Description
The chief executive of exchange-traded fund (ETF) provider VanEck is predicting that “super apps” will challenge traditional finance’s payments system. In a new interview with CNBC Television, VanEck CEO Jan Van Eck says that apps that offer support for stablecoins will soon begin to put pressure on traditional methods of payments. According to Van Eck, since stablecoins skip out on intermediaries such as Visa and Mastercard that charge about 3% in fees for payments, the super apps could serve a...
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