Alibaba has invested $35 million in MetaComp, a company developing infrastructure for stablecoin-based cross-border payments.
The goal is to improve how international transactions move between countries. Traditional correspondent banking systems handle large volumes every year but often involve multiple intermediaries and fees that can reach around 5–6%.
Stablecoin networks aim to make these transfers faster and potentially more efficient by settling transactions directly on blockchain systems.
Moves like this show how large companies are exploring blockchain technology as an alternative payment infrastructure for global commerce.
#Stablecoins #crypto #Payments
