Stablecoins and the future of remittances: Building the rails, not just the apps

Stablecoins will not transform remittances through disruption. They will transform them through integration, strengthening the backbone of global payments rather than replacing it. This transformation is urgently needed. Despite significant progress in digital finance, some traditional cross-border remittances remain slow, costly, and unreliable for many of the people who rely on them most. Migrant workers sending money home still face high fees, now potentially rising further with proposals for a 1% US r ...