Trace Finance CEO: Stablecoin Scale Still Runs Through Banks

Stablecoins may replace part of the machinery used to move money across borders, but they will not eliminate banks from international payments, according to Trace Finance Co-Founder and CEO Bernardo Brites . In a column published Sunday (Sept. 6) by Decrypt, Brites said companies processing stablecoin payments at institutional scale are becoming more deeply integrated with traditional banking infrastructure.