Eightcap Enhances Global Trading with Orbital's Stablecoin Payment Solutions

Eightcap and Orbital: A Partnership Transforming Global Trading

In a significant move towards modernizing trading frameworks, Eightcap, the renowned multi-asset broker, has expanded its collaboration with Orbital. This partnership is focused on enhancing global trading efficiency through the implementation of stablecoin payments, marking a pivotal development in the financial services landscape. The evolving relationship between these two companies emphasizes a shared vision for a more compliant, accessible, and user-friendly trading ecosystem.

A Robust Foundation: Stablecoins in Trading

Stablecoins have emerged as a driving force behind Eightcap’s global trading strategies, particularly enhancing operations across over 120 countries. By embedding stablecoin payment solutions into its trading platforms, Eightcap aims to facilitate seamless funding and settlement processes. This advancement not only simplifies transactions but also mitigates foreign exchange risks and payment friction, features that are essential in today's fast-paced trading environments.

Eightcap's journey with Orbital commenced in 2019 when they first sought to integrate stablecoin payments, a decade ahead of many regulated brokers. Following this early adoption, stablecoin functionality was formally launched in 2020, paving the way for improved transaction efficiency. As a result, traders can now experience near-instant deposits and withdrawals, establishing a new standard in trading speed and reliability.

Capitalizing on Rapid Growth

As Eightcap continues to advance, the focus is not solely on internal enhancements. The broker is actively working on expanding its embedded partnerships with leading cryptocurrency exchanges and fintech platforms. Orbital remains a crucial ally in this ambitious strategy, supplying the necessary stablecoin infrastructure to sustain these growing partnerships. Together, they are opening up new avenues for secure deposits and settlements, further embedding stablecoins at the heart of the trading experience.

Chris Mason, the CEO of Orbital, highlighted the potential of stablecoins, noting, "Together, we've shown that cross-chain stablecoin payments can operate at scale... We are setting a new standard for scalable payments infrastructure." This commitment to innovation is further evidenced by Orbital’s extensive network of blockchain integrations, emphasizing transaction speed and cost efficiency for its users.

Solidifying Market Position

The success of this strategic partnership is evident in the growing usage of stablecoin payments within Eightcap's operations. The integration has led to stablecoins accounting for approximately 10-20% of total deposits globally, with even higher adoption in key emerging markets like LATAM and Southeast Asia, where traditional banking services are often limited. These regions have recorded stablecoin usage rates soaring as high as 40%, underscoring the demand for alternative funding mechanisms.

The increased efficiency of newer blockchain networks, such as BNB Chain and Polygon, has significantly enhanced transaction speeds and reduced operational costs for Eightcap's clientele. This development is vital as the trading environment continues to demand agility and quick turnaround times, especially for crypto and high-frequency trading.

The Future Outlook

As Eightcap forges ahead, the synergy with Orbital presents exciting opportunities for traders and partners alike. Their collective focus aims to create a regulated and reliable trading infrastructure for both B2C and B2B interactions across various markets. With the continued expansion of embedded partnerships, stablecoins will inevitably remain at the forefront of this evolving trading ecosystem.

In conclusion, the collaboration between Eightcap and Orbital is more than just a technological integration; it represents a forward-thinking approach to trading in a digital world. By harnessing the potential of stablecoins, they are not only enhancing their own operational efficiencies but are also setting a benchmark for the future of global trading, ensuring reliability and security in every transaction. This partnership symbolizes a new era in the financial sector where traditional and digital assets converge, thereby fostering a more inclusive financial landscape.