A Guide to Stablecoin Applications: A Starter for Non-Crypto Enterprises
Over the past six months, stablecoin – related news has been booming, from Stripe’s acquisition of Bridge to the progress of the “GENIUS Act”. Whether it’s big bank CEOs, fintech product managers, or government officials, everyone is talking about the advantages of stablecoins. But for non – crypto businesses, the more pressing question isn’t “why use stablecoins” but “how to use them”. This guide will show non – crypto enterprises how to make the most of stablecoins!
Why Stablecoins Are Gaining Momentum?
Stablecoins have become so popular because of their four superpowers:
- Instant Settlement (T+0) : No more waiting around, which greatly reduces the need for operating capital.
- Ultra – Low Transaction Costs : Way cheaper compared to the costly and slow SWIFT system.
- Global Accessibility : Available 24/7, 365 days a year, as long as there’s an internet connection.
- Programmability : Money that can “work” on its own through smart contracts, enabling automatic transfers and scheduled payments.
A Guide to Stablecoin Applications for Non – Crypto Enterprises
To C Fintech Banks
For today’s digital banks looking to boost user numbers and profits, the key lies in three aspects: user count, Average Revenue Per User (ARPU), and user churn rate. Stablecoins can directly help with these:
Pain Points:
– Cross – border remittances are slow and expensive, with traditional methods (like Western Union) taking 2 – 5 days and charging 3% – 5% in fees.
– Weekends see banks “closed”, leading to settlement delays and poor user experience.
– Cross – border transfers involve tedious processes and accumulated costs.
Stablecoin Solutions:
– Lightning – Fast Remittances : Platforms like DolarApp use stablecoins to send money to Mexico with fees as low as $3 and instant arrival.
– 24/7 Non – Stop Service : Stablecoin settlement works on weekends, so users don’t have to wait until Monday for banks to open.
– Cost Reduction & Better Experience : Smoother internal settlements, faster user fund arrival, and lower fees lead to higher satisfaction.
Practical Steps:
1. All – day Settlement : Connect with compliant platforms like Fireblocks to enable 24/7 stablecoin transfers.
2. Upgrade Cross – border Payments : Partner with Stripe – Bridge for easy cross – border remittances.
3. Future Possibilities : Beyond remittances, explore new scenarios like programmable payments and tokenized stocks.
B2B Commercial Banking & Enterprise Services
In markets such as Nigeria, Indonesia, and Brazil, it’s extremely difficult for businesses to obtain a US dollar account. Ordinary enterprises can’t even open a dollar account, and using local currency settlement means constantly worrying about exchange rate fluctuations. When paying overseas suppliers, the exchange fees are painful.
Stablecoin Solutions:
– Easy Access to “USD Accounts” : Through bank – custodied compliant stablecoins (e.g., USDC), enterprises can use “digital dollars” without tedious procedures.
– Instant Cross – border Settlement : Say goodbye to the traditional correspondent banking network, with international invoices settled in seconds, no longer waiting for the slow SWIFT.
– Stable Earnings : Stablecoin deposits can generate returns comparable to US Treasury bonds (around 4%), more reliable than local banks.
Practical Action Plan:
– Build stablecoin custody systems with partners like Fireblocks or Stripe – Bridge.
– Connect with interest – bearing stablecoin service providers (e.g., Paxos) or tokenized Treasury platforms (e.g., Superstate).
– Create multi – currency fund management solutions for real – time global fund allocation.
Payroll Service Providers
For enterprises needing to pay overseas employees, cross – border salary payment is a big headache: high fees, slow arrival, and a lot of fees deducted, making employees’ actual earnings often “shrink”.
How Stablecoins Help:
– Low – Cost & Fast Salary Payment : Stablecoin transfers from the US to emerging markets cost almost nothing and arrive instantly.
– Strong Currency in Hand : Employees receive stablecoins pegged to the US dollar, which is a “hot commodity” in countries with high inflation like Argentina (some even willing to pay a 30% premium for stablecoins).
– Automated Financial Processes : Leverage blockchain’s traceability and programmability to automate salary payments, tax calculations, bookkeeping, and reconciliation.
Implementation Methods:
– Partner with platforms like Airtm to open up stablecoin payment channels.
– Integrate with stablecoin credit card providers like Rain to facilitate employees’ spending of stablecoins directly.
– Develop smart contracts for scheduled salary payments and automatic bonus distribution based on performance.
Card Issuers
It’s really tough for traditional card issuance businesses to “go global”! Companies like Chime have made a big splash in the US, but expanding overseas means dealing with local licenses and partner banks in each country, which is a real hassle. Moreover, card issuers have to pay high deposits to Visa and other card networks as a cushion against default risks, which is a huge capital burden.
Stablecoins Bring New Opportunities:
– Global Card Issuance “At the Click of a Button” : With stablecoin card platforms like Rain, enterprises can easily issue cards in multiple countries without applying for licenses one by one.
– Reduce Capital Occupation : 24/7 settlement capability significantly lowers deposit requirements and frees up capital.
– Cost Reduction : Eliminate layers of fees from traditional card networks, improving profit margins.
Practice Path:
– Partner with Visa and stablecoin card platforms to launch USD – denominated stablecoin Visa cards.
– Utilize stablecoins’ 24/7 settlement capability to optimize capital flow.
– Create one – stop card services integrating “stablecoin spending + savings appreciation”.
Conclusion: Stablecoins, Act Now!
Stablecoins are no longer a distant concept but a practical “tool” that can really solve problems. From reducing cross – border payment costs to improving settlement efficiency, from expanding user groups to innovating business models, stablecoins are helping enterprises open the door to a new world.
Right now, the regulatory environment is getting clearer, and infrastructure is becoming more mature. It’s the perfect time for non – crypto enterprises to build stablecoin solutions. Don’t just wait and see, hop on the “stablecoin express” now and create your own digital financial advantages!
