Key Points XRP is trying to get adopted by banks and financial institutions. Cardano is trying to get adopted as a new web-based transaction settlement layer. Both cryptocurrencies are fairly risky, but they aren't equally so. 10 stocks we like better than XRP › Most investors aren't looking for cryptoassets to buy so that they can feel the thrill of risk, yet that's exactly what many end up experiencing. On that note, it's pretty easy to take on more risk than intended, even if you're sticking ...

Core Insights - Stablecoins are becoming a significant financial innovation, with a market dominated by USDT ($175 billion) and USDC ($75 billion) [1] - The cross-border and remittance use case for stablecoins shows the most growth potential, as USD-denominated stablecoins are replacing SWIFT for smaller transactions [1][2] Group 1: Market Dynamics - Stablecoins currently account for less than 1% of global money flows, but they are emerging as faster and cheaper alternatives in remittances, B2B payments, and e-commerce [3] - The traditional SWIFT system is being disrupted as USD stablecoins serve as the new transmission rail for dollar transfers, providing programmability and 24/7 availability [2] Group 2: Challenges and Solutions - A mismatch exists between the digital world of USD stablecoins and the local fiat economy, creating friction for liquidity providers who must bridge these two states of money [5] - FX-on-chain protocols aim to resolve this issue by enabling direct swaps between USD stablecoins and local-currency stablecoins, collapsing the two-state problem into a single digital state [6] Group 3: Advantages of FX-on-chain - The implementation of FX-on-chain provides key advantages such as hedging in high-inflation economies and enhancing cross-border payments and remittances [7] - Instant conversion allows USDC/USDT holders to sell directly into local stablecoins, which can be redeemed for fiat instantly [9] - Flow matching enables real-time netting of global remittance flows and corporate flows, recycling liquidity continuously [9]