
Ratio CEO Says Multi-Currency Stablecoins Could Eliminate Costly FX Conversions Across Asia
The Friction of Foreign-Exchange Overhead For decades, the global financial plumbing that powers international commerce has operated on an increasingly outdated model. Correspondent banking networks, pre-funded Nostro and Vostro accounts, and structural time-zone mismatches impose a heavy toll on global trade. The model forces enterprises to contend with multiday settlement delays, restrictive banking hours, and significant foreign-exchange slippage. In Asia, these legacy inefficiencies amount to a multibillion-dollar tax on working capital. While U.S. dollar–pegged stablecoins such as $USDT and $USDC have demonstrated proof of concept for digital asset settlement, they solve only part of the puzzle. Global trade finance may…








