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Ripple Exec Touts Stablecoins as the ’Killer App’ for Cross-Border Payments
Ripple Exec Touts Stablecoins as the ’Killer App’ for Cross-Border Payments
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Forget SWIFT’s clunky rails—stablecoins are slicing through global payment friction like a hot knife through bureaucratic butter. Ripple’s leadership just doubled down on the tech as finance’s first real upgrade since... well, the fax machine.
Why it matters: While TradFi banks still charge $50 for a wire that takes three days, dollar-pegged crypto moves value in seconds for pennies. Even the IMF can’t ignore that math.
The kicker: Of course, Wall Street will still find a way to tack on ’blockchain facilitation fees’—old habits die harder than legacy systems.
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