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Stablecoins Keep Racking Up Milestones, but Can They Crack B2B Payments?
The allure of stablecoins is straightforward. They make payments simple by promising the efficiency of cryptocurrencies without the volatility. There are few places where efficiency matters more than B2B payments. The global B2B payments market is valued at over $125 trillion annually. Yet, the sector remains plagued by inefficiencies that include high transaction fees, slow settlement times and cumbersome processes involving intermediaries. These issues are particularly pronounced in cross-border transactions, where settlement can take days, and stacked fees can eat up chunks of each transaction. Stablecoins seem to ... (full story)
