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How stablecoins are changing global money movement

Sarita Singh
Sarita Singh • 4 min read
How stablecoins are changing global money movement
With clearer regulation and more capable infrastructure, stablecoins are well positioned to become a meaningful tailwind for businesses globally. Photo: Samuel Isaac Chua/ The Edge Singapore
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For decades, the internet has reshaped commerce and how businesses scale across borders. Money, however, has remained stubbornly slow, expensive, and fragmented.

Stablecoins may finally change that. Backed one-to-one by cash or cash-equivalent assets, stablecoins bridge traditional finance and digital money — offering familiarity and stability for businesses and consumers alike. With a market capitalisation that crossed US$300 billion in 2025, its rapid growth reflects the next phase of global finance: programmable money that is automated, borderless, and integrated.

Worldwide, businesses are beginning to recognise the value of stablecoins. Asia, in particular, provides an early glimpse of the opportunity. Stripe’s 2025 study found that 60% of Asian businesses are familiar with stablecoins and 14% are already accepting or using them in transactions. Almost half of the surveyed businesses (46%) are planning to start using stablecoins within 24 months.

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