The role and opportunity for stablecoins in traditional cross-border payments

Written by Matthew Jackson VP, Relationship Management, Freemarket

Stablecoins - cryptocurrencies whose value is (typically) backed by a reserve of assets pegged to a fiat currency like USD - are gaining traction as a new ‘digital asset’ in their own right, and as a potential opportunity for change in traditional financial markets and transaction workflows. Specifically, many payment service providers are considering t…