Stablecoins enable near-instantaneous and low-cost transactions, revolutionizing money transfers.
Similar to WhatsApp, stablecoins disrupt the traditional financial system, eliminating the need for costly intermediaries.
Financial institutions and tech firms are recognizing the potential of stablecoins and exploring their integration into cross-border payment systems.
Regulatory initiatives are being undertaken to create a framework for stablecoin operations and address concerns about financial stability and consumer protection.