Decentralised.co: Stablecoins Alone Cannot Solve Cross-Border Remittance Challenges

A report by Decentralised.co highlights that while stablecoins can improve the plumbing of cross-border remittances, they cannot resolve issues related to legal frameworks or fragmented payment systems. Remittance involves collection, value transfer, and payout, with the latter two requiring licenses, bank accounts, and compliance. While tokenized dollars can centralize liquidity and speed up settlement, the industry still faces hurdles from isolated systems that charge high fees. Recent funding rounds, including Félix Pago's $200 million raise and investme