The development of stablecoin technology has made significant progress in recent years, with trading volumes exceeding $10 trillion over the past year.
However, despite this growth, most activity remains concentrated in crypto-native sectors such as trading, arbitrage, and settlement between protocols. This limited application in everyday commercial payments highlights a major challenge for achieving mass adoption.
The core issue is no longer the transfer of funds itself, but rather licenses, compliance, risk management, and banking capabilities.