Behind the Stablecoin Buzz, Old-School Infrastructure Still Runs the Show

Behind the Stablecoin Buzz, Old-School Infrastructure Still Runs the Show

Stablecoins are often portrayed as a triumph of blockchain innovation, but behind the scenes they often run on conventional infrastructure.

Infrastructure is the missing link for stablecoins

The potential benefits of stablecoins are well documented. Positioned as a cheaper, faster way to move money, their use is being explored by consumers, banks, regulators, merchants and central banks, whether that’s for real-time settlement or cross border payments. But despite the fanfare, stable coins have yet to deliver meaningful gains at scale, especially when you factor in compliance, regulation and operational integration challenges. The…