Launching its own stablecoin to improve internal settlement margins which dropped from 18% to 13%.

Expected to increase pilot programs for tokenization on public, permissionless networks.

Potential beneficiary of stablecoin tech, allowing the release of billions in capital tied up in settlements.

Strategic pivot to a 'positive float' model using its own USDPT stablecoin to free up $2 billion in capital for potential share buybacks and interest income.

Legacy player being disrupted by mobile-first services like Remitly.

Specific interest due to its role in remittances and potential crypto integration.

Exploring stablecoins to reduce float requirements and reclaim capital for stock buybacks.

Major player that could save billions on the float by adopting stablecoins for remittances.

Being actively disrupted by stablecoin-based cross-border remittance systems.

Pivoting to programmable finance by launching stablecoins on Solana to serve as an entry point for the agentic economy.