Stop believing in “global banks”—global is only in the logo.
A HSBC customer in London wants to open a U.S. account? Start from scratch: new KYB, new review, new queue. So-called global banks are all independent subsidiaries in different places, and cross-border transfers still rely on SWIFT and take days. If even institutions are put through all this, the value of stablecoins speaks for itself: one address works worldwide, 24/7, with transfers arriving in seconds—and no need to depend on any bank. The more fragmented banks are, the more appealing on-chain becomes.
$USDT $USDC #稳定币 #Payments
A HSBC customer in London wants to open a U.S. account? Start from scratch: new KYB, new review, new queue. So-called global banks are all independent subsidiaries in different places, and cross-border transfers still rely on SWIFT and take days. If even institutions are put through all this, the value of stablecoins speaks for itself: one address works worldwide, 24/7, with transfers arriving in seconds—and no need to depend on any bank. The more fragmented banks are, the more appealing on-chain becomes.
$USDT $USDC #稳定币 #Payments