Mar
AMI expert explains how stablecoins are transforming global remittances infrastructure
A recent expert view published by The Paypers explores how stablecoins are transforming cross-border payments and remittance systems. The article features insights from PCMI, highlighting the structural inefficiencies of traditional remittance rails and the growing role of blockchain-based settlement.
Mijail Popov, Senior Analyst and Project Manager at PCMI, shares his perspective on this transformation. For The Paypers, he explains:
“Unlike volatile cryptocurrencies, dollar-pegged stablecoins, such as USDT and USDC, function increasingly as digital settlement assets rather than speculative instruments.”
Popov emphasizes that this convergence between a massive but inefficient remittance market and a fast-maturing stablecoin ecosystem is driving a structural shift in global money movement. He notes that stablecoins are no longer viewed as speculative tools, but as programmable, near-instant settlement instruments increasingly adopted by major players like Western Union, PayPal, and Revolut.
The article also highlights how Latin America is a key region in this transformation. Driven by inflation, currency volatility, and limited banking access, stablecoins are being used as practical financial tools for savings, cross-border transactions, and business operations—demonstrating real-world utility aligned with AMI’s broader market intelligence on financial inclusion and payments innovation.
You are welcome to read the full article here: https://thepaypers.com/payments/expert-views/how-stablecoins-can-redefine-global-remittances-infrastructure
Mijail Popov
Senior Analyst
Mijail Popov is a Senior Analyst at PCMI, with nearly a decade of experience advising financial institutions, fintech companies, and startups on regulatory, business, and market insights.
📬 Contact for press: Valentina Duque at vduque@americasmi.com
