For years, stablecoins were treated as a crypto curiosity, a tool for traders moving between exchanges. That image is changing fast. What began as a workaround in digital asset markets is now edging into the core of financial services — remittances, payments, and even corporate treasury management.
Remitly’s announcement that it will weave stablecoins into its global network marks a significant moment. When a company with millions of users across 170 countries embraces dollar-pegged digital assets, it signals a shift beyond experimentation. Stablecoins are no longer just a crypto-native instrument.
The appeal is straightforward: stability, speed, and accessibility. For families sending money home, freelancers working across borders, or businesses managing liquidity, stablecoins offer a way to move value without the friction of traditional rails. They hold particular promise in countries where local currencies are volatile or banking access is limited. In this sense, stablecoins may do for money what email did for communication — strip away delays, intermediaries, and unnecessary costs.
Yet adoption also raises questions. Stablecoins depend on trust in their issuers and the reserves that back them. Integrating them into regulated networks like Remitly’s creates a bridge between decentralized infrastructure and established finance, but it also shifts scrutiny onto how these assets are governed, audited, and scaled.
Still, the momentum is hard to ignore. From cross-border transfers to on-chain settlement in traditional institutions, stablecoins are positioning themselves as the connective tissue between old and new finance. If they succeed, they could redraw the architecture of global money movement — not in a sudden leap, but in a steady integration that most users may hardly notice.
Read more:
Remitly to Launch Stablecoin Services in Global Payments Network
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