Stablecoins Take Aim at Cash Locked in Prefunding

Overview

Cross-border payments carry a working capital cost before money reaches the recipient. Payment providers frequently need funds available in advance to make payouts in other markets. For a company operating across currencies and time zones, that can mean maintaining cash in multiple bank, settlement or network accounts so payments can proceed when customers send them. […] The post Stablecoins Take Aim at Cash Locked in Prefunding appeared first on PYMNTS.com.

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