Comparing cross border stablecoin payments against traditional remittance this week because I wanted to know if the compliance gap was as real as the speed advantage.
Speed case is well Documented. Traditional remittance takes days fees eat a meaningful slice of smaller transfers. Stablecoins settle in seconds at a fraction of the cost.
Compliance gap is equally real Merchants still need to screen for sanctioned jurisdictions check for tainted funds maintain auditable evidence. Most stablecoin rails dont provide that. Fast and cheap but unusable by regulated entities without building a compliance layer on top.
Newtons model non Custodial payment processing with verifiable compliance built in.
Merchant requires Newton attestations gets confirmation the sender isnt sanctioned funds aren0t high risk jurisdiction restrictions are satisfied without handling the senders identity data. Compliance receipt is the audit evidence.
I actually find the non custodial framing more interesting than the speed argument plenty of rails are fast now but very few let a merchant satisfy compliance requirements without taking custody of identity data.
What I have N0t seen explained is how Travel Rule attribution works when sending and receiving institutions are in different jurisdIctions with different threshold requirements.
@NewtonProtocol $NEWT #Newt
$TAIKO $M
Speed case is well Documented. Traditional remittance takes days fees eat a meaningful slice of smaller transfers. Stablecoins settle in seconds at a fraction of the cost.
Compliance gap is equally real Merchants still need to screen for sanctioned jurisdictions check for tainted funds maintain auditable evidence. Most stablecoin rails dont provide that. Fast and cheap but unusable by regulated entities without building a compliance layer on top.
Newtons model non Custodial payment processing with verifiable compliance built in.
Merchant requires Newton attestations gets confirmation the sender isnt sanctioned funds aren0t high risk jurisdiction restrictions are satisfied without handling the senders identity data. Compliance receipt is the audit evidence.
I actually find the non custodial framing more interesting than the speed argument plenty of rails are fast now but very few let a merchant satisfy compliance requirements without taking custody of identity data.
What I have N0t seen explained is how Travel Rule attribution works when sending and receiving institutions are in different jurisdIctions with different threshold requirements.
@NewtonProtocol $NEWT #Newt
$TAIKO $M
Compliance gap
0%
Speed is already fine
0%
Identity data risk
0%
Regulatory uncertainty
0%
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