In the global payment system, small senders pay the highest percentage in fees. A mother in Lagos loses 8% sending $10 for school lunch, while a bank wiring $10 million pays less than 0.1%. Stablecoins may finally level the playing field.
Stablecoin payments look simple, but the reality is a three-layer sandwich where banks, issuers, and exchangers each take a bite. Add FX spreads, and users lose billions each year. The fix is direct tokenized deposits and onchain FX markets that compress costs from dollars to cents.
Most blockchain pilots failed, but the survivors now move real value. Stablecoins, DeFi collateral, and corruption-proof records show where blockchain’s design choices actually deliver.
