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Stablecoins Bring a WhatsApp Moment to Global Money Transfers

  • 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.

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