Bostic Sees Cross-Border Payments as Key Stablecoin Use Case
Bostic highlights that the dominant application for stablecoins remains uncertain, but expects cross-border payments to be a major driver.
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Terms & Concepts
Stablecoin: A cryptocurrency designed to maintain a stable value, often pegged to a fiat currency or commodity.
Cross-border payments: Transactions involving the transfer of money between parties in different countries, often facing high fees and long processing times.