Stablecoin Payments Are Fast. But They Have a Cost Problem
Moving $200 through stablecoins can cost around 60 cents, or nearly $18. That was the spread in a Bank of Italy experiment across ten international payment routes. Buying and cashing out the tokens drove much of the expense; moving them on the blockchain accounted for only a small share. This is no small amount. The…
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Blockchain
A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.
It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.
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