Ratio CEO Says Multi-Currency Stablecoins Could Eliminate Costly FX Conversions Across Asia

Nostro AccountGlobal trade still relies on outdated correspondent banking networks, pre-funded Nostro/Vostro accounts, and time-zone mismatches that cause multiday delays. Industry leader John Cho advocates for a multi-currency stablecoin ecosystem where local currency stablecoins complement USD stablecoins to prevent double foreign exchange conversions. The Friction of Foreign-Exchange Overhead For decades, the global financial plumbing that powers […]

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