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The Stablecoin Boom Fuels 24/7 Dollar Banking Without Borders

Bloomberg Technology
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The Stablecoin Boom Fuels 24/7 Dollar Banking Without Borders

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Three years ago Mustafa Ismael launched Karcsham Co., a Kenya-based company that resells Starlink devices and manages subscriptions for thousands of customers across a dozen African and Latin American countries. At first he used his local bank card to pay the monthly bills. But the 5% foreign exchange fees soon began eating into his profits.

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Source: Bloomberg Technology