Stablecoin Settlement Times Leave Much to be Desired

Stablecoins were introduced to solve crypto's timing problem by providing a token pegged to the dollar that moves on a blockchain, settling in seconds regardless of weekends or business hours.

However, users often experience waiting periods, holds, and unexplained delays when trying to withdraw USDT or USDC from an exchange into their bank account.

This 'plumbing problem' sits at the intersection of code and banking infrastructure, not a technology failure.

The scale of stablecoin usage has grown significantly since 2019, with the stock in circulation expanding from under A$7.5 billion to more than A$375 billion by 2025, according to TD Economics research.