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Stablecoins Have a $10 Million Problem: All That Money Is Going Back to the Bank

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A business receives $10 million in stablecoins on Monday, and by Friday, much of it could be back in a bank account. The payment worked. The problem, however, is what needed to happen next. Stablecoin payments may have eliminated hours of settlement friction, but they haven’t eliminated the financial infrastructure waiting on the other side. […]

The post Stablecoins Have a $10 Million Problem: All That Money Is Going Back to the Bank appeared first on PYMNTS.com .

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