The $133 Billion Question: Can Stablecoins Streamline Trade Settlements?
According to some of the industry’s top names, stablecoins could soon transform how institutions settle transactions, addressing inefficiencies in traditional financial systems and opening the door for broader adoption.
This was the central focus of a panel discussion at the Benzinga Future of Digital Assets conference, where leaders from finance and digital assets shared their perspectives on regulation, liquidity, and the growing role of tokenized cash instruments.
Institutional Efficiency Through Stablecoins
Colin Butler, global head of institutional capital at Polygon Labs, highlighted how stablecoins can improve institutional finance by replacing outdated processes. “What if you could rewire the global settlement system on yield-bearing institutional stablecoins and use them as settlement tokens?” Butler said. He argued that the ability to earn yield during settlement delays could upend longstanding inefficiencies in traditional finance.
The existing settlement framework, often plagued by lags, carries hefty costs. Andrew Murphy, head of legal at Talos, referenced industry estimates …