In this episode of the Rebank podcast, Bhanu Kohli from Layer2 Financial and Mike Giampapa of Galaxy Ventures delve into how stablecoins are transforming B2B cross-border payments. Layer2 leverages stablecoins and local payment systems to provide international transactions that are faster, cheaper, and more transparent than traditional methods like SWIFT. Mike points out the rapid growth in stablecoin usage, predicting a significant surge in transaction volumes in the near future, and highlights the potential to disrupt the current financial landscape. Their discussion emphasizes how both Web2 and Web3 companies are increasingly adopting stablecoins for efficient cross-border transactions, often without even realizing the blockchain technology behind them.
