Stablecoins cited as a workaround for unbanked businesses in trade

A guest post on Fireblocks, written by the Bitpace team and published on 2026-10-20, argues that the more material gap in financial access is not the unbanked consumer but the unbanked business. It says many mid-sized firms in emerging markets can hold domestic accounts yet struggle to pay or receive cross-border invoices because correspondent banking chains add fees, delay settlement and create foreign-exchange uncertainty. The article says businesses in Latin America, Southeast Asia, Sub-Saharan Africa and parts of Eastern Europe often face breakdowns once a domestic payment becomes an international trade transfer. In its account, funds can move through one or two correspondent banks, with $50 to $100 sometimes deducted before the payment reaches the destination bank.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Blockchain.News.