Stablecoins Aren’t Just For Crypto Trading Anymore
(Original Caption) San Diego: The 987-foot, 30,000-ton supertanker Exxon Mediterranean formerly the Exxon Valdez famous for its part in the largest oil spill in U. S. history 3/24/89 when it ran into Bligh Reef near Valdez, Alaska, dwarfs a few sailboats as it leaves San Diego Bay 8/29 under its own power for several days of sea tests after $30 million in repairs. This is the first venture back into the Pacific Ocean since limping into San Diego Bay for repairs 7/89.
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Since their advent a decade ago stablecoins have primarily served two use cases: crypto trading and remittances.
But it was only a matter of time before payments companies and businesses looking to streamline international money movement operations took…