Ripple Exec Touts Stablecoins as the ’Killer App’ for Cross-Border Payments

BTCC / BTCC Square / Coindesk /

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2025-05-14 15:33:52

Stablecoins Bring ’Meaningful Innovation for Global Payments,’ Ripple Exec Says

Forget SWIFT’s clunky rails—stablecoins are slicing through global payment friction like a hot knife through bureaucratic butter. Ripple’s leadership just doubled down on the tech as finance’s first real upgrade since... well, the fax machine.

Why it matters: While TradFi banks still charge $50 for a wire that takes three days, dollar-pegged crypto moves value in seconds for pennies. Even the IMF can’t ignore that math.

The kicker: Of course, Wall Street will still find a way to tack on ’blockchain facilitation fees’—old habits die harder than legacy systems.

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