Why are stablecoins popular for forex payments?

[nihalsari]

Stablecoins such as Tether (USDT) and USD Coin have become the preferred settlement method for many brokers and trading platforms.

They combine the speed of blockchain transactions with price stability tied to the US dollar. This allows brokers to move funds globally in minutes while avoiding the volatility associated with assets like Bitcoin. Lower transaction costs also make stablecoins attractive compared with international wire transfers.

[cryptoenthusiast]

stablecoins: the ‘meh i want crypto but also don’t want to cry over volatility’ solution