The expanding landscape of cross-border payments (Part 2)

In Part 1, we examined how cross-border payments are rapidly expanding with B2B transactions projected to reach $43 trillion by 2025 and $56 trillion by 2030, fuelled by digital trade and the rise of B2B eCommerce. Traditional payment processors such as Stripe and PayPal remain key players but stablecoins are emerging as a powerful alternative. With retail giants such as Amazon and Walmart exploring their own USD-backed stablecoins, will we therefore see these forms of digital money become a real alternative for cross border payments? After all, as stablecoins become core infrastructure, they challenge legacy networks, reshape global financial flows and may even serve US policy interests by boosting demand for the dollar. The future of cross-border payments is no longer about speed and cost alone, it is about control, programmability and economic influence.

Blockchain technology's impact on cross-border payments

Source: TeamBlockchain

Blockchain technology is essentially revolutionising …