Zelle Expands Abroad With Stablecoins, But Details Remain Elusive

Zelle announced plans to expand its $1 trillion US payments network internationally using stablecoins. The plan promises to make international money transfers faster and cheaper.   Doubts arise about the initiative’s substance and whether it represents yet another banking consortium’s unsuccessful attempt to adopt blockchain technology. Zelle Moves Beyond US Borders Zelle, one of the most widely used payment networks in the United States, is going global source: https://beincrypto.com/zelle-international-money-transfer-stablecoins/