Rewiring Global Payments: Fiat and Stablecoins in Harmony

Fiat-backed stablecoins have become a driving force in digital finance. These blockchain-based tokens, pegged 1:1 to traditional currencies like USD and USDC, are transforming cross-border payments. With over $150 billion in circulation, much of this volume is tied to cryptocurrency trading, stablecoins are increasingly being used for cross-border payments—a trend that's reshaping the future of finance.

Many predict a future where stablecoins facilitate direct transactions between senders and receivers. While this is an exciting vision, the reality today is more complex.

A Balanced Future: Payment Network-Based Solutions

At Mesta, we believe the future of money will not be defined by choosing between fiat or stablecoins, but by their synergy. Just as vehicles need trusted stores of value, while stablecoins offer unparalleled efficiency as a medium of exchange. Rather than disrupting fiat, stablecoins can enhance how money moves borders—acting as the backend for faster, cheaper first-to-last mile transactions. This is where Mesta comes in.

The Mesta Payment Network: Best of Both Worlds

Mesta is bridging the gap between traditional banking systems and blockchain technology. Our payment Network enables real-time fiat banking rails with stablecoin payments systems, enabling money to move across borders faster, cheaper, and with greater transparency. Mesta's solution offers several key advantages:

• Wide Range:We support conversion of fiat to USDC and USDT in over 50 local fiat currencies across cross-border transfers.
• Cost-Effective:Our offerings solutions are 70% cheaper than legacy systems like SWIFT or wire transfers.
• Fast:By leveraging real-time banking systems, we ensure faster delivery of fiat compared to traditional methods.
• Ease of Integration:Our simple APIs allow businesses to implement our solutions in under a week, making adoption smooth and hassle-free.

These attributes position Mesta as a game-changer in global payments.

Token 2049: A Glimpse of What's Ahead

Token 2049 showcased the cutting-edge of blockchain innovation, from new layer 1 blockchains to novel DeFi protocols. What stood out was how solutions like Mesta's hybrid payment network, are converging to make the global financial playbook. At Token 2049 in Singapore, we had the chance to connect with potential partners, and while we came out of stealth mode at Token2049, the response was overwhelming. Businesses were excited about how seamlessly we convert stablecoins into local currencies, the speed and cost savings we offer, and the simplicity of our API integration.

Looking Ahead

The future of payments is hybrid. Fiat currencies and stablecoins, working together, will redefine how we move money globally. Mesta is at the forefront of this evolution, combining the best of traditional finance with blockchain innovation. As we continue to build and expand our network, we remain committed to our mission: enabling businesses to move money across borders more efficiently than ever before. This is the real path to achieving the "holy grail" of payments.