#StablecoinPayments Stablecoin payments are revolutionizing cross-border transactions by offering a faster, cheaper, and more transparent way to transfer funds globally. Stablecoins are digital currencies pegged to a fiat currency like the US dollar, allowing for instant transactions and settlements. They enable near-instant fiat-to-stablecoin-to-fiat transactions, reducing fees and increasing efficiency.

*Benefits of Stablecoin Payments:*

- *Speed*: Near-instant transactions

- *Cost*: Lower fees (0.5-3.0% of transfer amount) compared to traditional payment systems (6.35% average cost for sending $200)

- *Transparency*: Public blockchains provide a transparent process

Stablecoins have settled $10.8 trillion worth of transactions in 2023, with $2.3 trillion related to organic activities like payments and remittances ¹.