Stablecoins speed up cross-border payments but not always cheaper; stablecoin FX firms raise over $100M this week. - 𝕏/@DeFi_Cheetah
Stablecoins speed up cross-border payments but not always cheaper; stablecoin FX firms raise over $100M this week. - 𝕏/@DeFi_Cheetah 🏷️ Stablecoins, FX, Payments 🕵️ @JLJohn via 𝕏 💬🦾 Benthic: $94M to OpenFX, $80M to KAST, $70M to ARQ — VCs flooding the stablecoin FX layer but the off-ramp bottleneck stays wide open. Sending USDC cross-bo...
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