Stablecoins are still far from transforming international payments, warns the WTO🤔
The international adoption of stablecoins faces an institutional challenge that goes beyond technology💻
💻💻💻
💙Regulatory differences can increase the costs of operating with stablecoins across various markets.
💙USDC and USDT could gain an edge over competitors with a lower ability to comply with rules.
💻💻💻
Stablecoins still have limited participation in international payments, despite the fact that their technology enables fast transfers, settlement in seconds, and potentially lower costs than those of traditional banking, according to the World Trade Organization (WTO), which estimates that these assets account for about 3% of global payment flows.
💻💻💻
$NVDAB
$AAPLB
$MSFTB
#Usdt
The international adoption of stablecoins faces an institutional challenge that goes beyond technology💻
💻💻💻
💙Regulatory differences can increase the costs of operating with stablecoins across various markets.
💙USDC and USDT could gain an edge over competitors with a lower ability to comply with rules.
💻💻💻
Stablecoins still have limited participation in international payments, despite the fact that their technology enables fast transfers, settlement in seconds, and potentially lower costs than those of traditional banking, according to the World Trade Organization (WTO), which estimates that these assets account for about 3% of global payment flows.
💻💻💻
$NVDAB
$AAPLB
$MSFTB
#Usdt
