Tether Exec Touts Stablecoins for Remittances as ‘Stablecoin Summer’ Heats Up
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- Stablecoins emerge as practical tools for remittances, bypassing banking delays
- Global firms and regulators accelerate adoption with new laws and enterprise launches
- Research, networks, and incentives address risks and expand stablecoin payment use
Tether’s head of global strategy, Marco Dal Lago, highlighted a key use case for stablecoins at the Upbit Developer Conference in Seoul – a real-world fix for slow, expensive international money transfers. He noted that USDT is already a major tool for remittances in many countries, allowing users to bypass traditional banking delays, especially on weekends.
This is just one piece of a much bigger story: the “Great Professionalization” of the entire stablecoin sector, as it matures into a regulated, enterprise-ready, global financial rail.
Related: US Treasury Secretary Makes Stunning Admission on Stablecoins and National Debt
Why 2025 is Being Called “Stablecoin Summer”
The remarks come during a period that industry participants are calling “stablecoin summer,” following several high-profile developments. The United States enacted the GENIUS Act, the first federal regulatory framework for stablecoin…
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