Stablecoins Take Aim at Cash Locked in Prefunding
Cross-border payments carry a working capital cost before money reaches the recipient. Payment providers frequently need funds available in advance to make payouts in other markets. For a company operating across currencies and time zones, that can mean maintaining cash in multiple bank, settlement or network accounts so payments can proceed when customers send them. […] The post Stablecoins Take…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.