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by somewhereoutth 1476 days ago
Why would they be used for international trade and settlement? SWIFT and friends seem to work quite well - unless you need to avoid sanctions of course.
1 comments

Far more expensive and slower. Regulated stablecoins are no good for sanction bypass hacks as they can be frozen, anyway.
You must not know many people in the safe asset business. The overwhelming goal is to NOT lose money. Sure faster settlement times would be nice but never at the cost of increased risk. That would entirely defeat the purpose of it being a safe asset.