“The Impact of Stablecoins on Payments” is a comprehensive examination of the growing role of stablecoins in domestic and cross-border payments and the implications for financial institutions, regulators, and payment service providers.
As stablecoins continue to gain traction as a digital payment instrument, their promise of near-instant settlement, reduced transaction costs, and programmability is reshaping traditional paradigms in the payments industry. The white paper explores these developments across four key dimensions:
1. Market Landscape and Use Cases
2. Risks and Operational Challenges
3. Regulatory Outlook and Compliance Considerations
4. Interoperability with Traditional Payment Systems