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Crypto Macro

Stablecoin Payments Limited by Bank Rails, Says Report

A report highlights that enterprise stablecoin payments, at ~$390B annualized, represent only ~0.02% of the $208T global cross-border market. The bottleneck is reliance on regulated banks for fiat on/off-ramps and local clearing. The author warns that single-bank dependency is a key underestimated operational risk, citing Silvergate and Signature failures.

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