Credit to WBG:
STABLECOINS FOR CROSS-BORDER PAYMENT
Stablecoin refers to a class of digital currencies that are
relatively stable in terms of their price. Stablecoins offer
instantaneous processing and security of payments as many
cryptocurrencies do.
They also offer stability with respect
to their parity against fiat currencies. Two digital currencies that fall into this category are RippleNet’s native digital
currency Ripple (XRP), and Stellar network’s native cryptocurrency, the Stellar Lumen (XLM).
Both Ripple and Stellar enable faster and more efficient cross-border payments
relative to correspondent banking.
