Banxa(@BanxaOfficial):A stablecoin is not a remittance. It becomes one when three things are true: the value holds while it travels, the sender can fund it with a rail they already use, and the recipient can get it out at the other end. The first is what a dollar peg is for. The other two are payment infrastructure in two separate countries, which means licences in both. In some markets the currency conversion alone takes 8%, so getting the rails right isn't a detail. It decides whether the corridor works at all. Banxa has spent 12 years on that: 45 licences, 180+ countries, 150+ fiat currencies.

2026.09.19 10:31

A stablecoin is not a remittance. It becomes one when three things are true: the value holds while it travels, the sender can fund it with a rail they already use, and the recipient can get it out at the other end. The first is what a dollar peg is for. The other two are payment infrastructure in two separate countries, which means licences in both. In some markets the currency conversion alone takes 8%, so getting the rails right isn't a detail. It decides whether the corridor works at all. Banxa has spent 12 years on that: 45 licences, 180+ countries, 150+ fiat currencies.

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