Stablecoins Dey Change How Banks and Fintech Dey Do Global Payment

Stablecoins dey quickly change how global payment dem dey do as banks with fintech dem dey use clear regulatory path to give instant, low-cost cross-border transfer. Major banks like JPMorgan, Bank of America, Citigroup and Wells Fargo dey look join hand for stablecoin issuance, while companies like Stripe, PayPal (PYUSD), ALT 5 Sigma and Zeebu dey use commercial solution. The main stablecoins USDT and USDC don process $27.6 trillion for 2024—59% increase from last year—and now dem dey make 60–80% of crypto transaction volume. Businesses talk say dem get 60% less fees and near-instant settlement compared to old SWIFT transfer wey cost like 6% and fit take as long as five days. New stablecoins wey fit give up to 5% return fit replace old deposit and fit save industry $26 billion every year by 2028. Regulatory frameworks like US GENIUS Act, EU’s MiCA and new rules from Asia and Middle East dey give clear way for compliance, reduce legal wahala. With stablecoins boosting USD control, better liquidity management, and allowing asset tokenization, financial institutions dey prepare for payment revolution wey go serve over one billion people wey no get bank for whole world.