Corridors that used to take three days and cost five percent now settle in minutes for cents. That is not a speculative story — it is an operations story.
Treasury teams moved first
Exporters in volatile currency markets adopted dollar-denominated stablecoins as a working-capital tool long before regulators finished writing the rules.
The remaining friction
On and off ramps, not the chains, are the bottleneck. Banking relationships still determine who can scale.