Tether and Tron Crush the Stablecoin Payments Game—While Legacy Finance Watches from the Sidelines
Move over, slowpoke fiat—stablecoins are eating payments for breakfast. Tether (USDT) and Tron (TRX) now dominate the explosive growth of dollar-pegged crypto transactions, leaving traditional banks scrambling to justify their 3-day settlement times.
Why the surge? Speed wins. While Wall Street still faxes paperwork, blockchain settlements clear in seconds. No surprise that merchants and remittance corridors are ditching wire transfers for this 24/7 rails.
Bonus jab: Somewhere in Manhattan, a banker just paid $50 for a SWIFT fee—and waited 72 hours to ’innovate.’