THE FINTECH INTERVIEW
Building momentum behind stablecoin adoption reflects growing enterprise recognition of their potential to eliminate friction points in global supplier payments. Widespread adoption, however, depends heavily on regulatory clarity and trust in the underlying infrastructure.
Streamlining supplier payments through blockchain technology This digital transformation becomes clearer when examining how stablecoins address specific pain points in supplier relationships.
Complex relay races involving multiple financial institutions, regulatory checkpoints and currency conversion mechanisms characterise current international supplier payment processes. Each handoff introduces potential delays and additional costs.
Stablecoins compress entire journeys into single blockchain transactions. Value transfers instantly without requiring prefunded international accounts or waiting for clearinghouses to batch process transactions overnight.
“ The current process for paying international suppliers is a patchwork of intermediaries, time-zone delays, FX conversions and banking fees,” Saurabh explains.“ Stablecoins simplify that entire journey into a single step.”
US dollars remain in their original location while payments reflect on-chain within seconds, offering one significant advantage. Businesses eliminate the need for costly pre-funded accounts in multiple currencies across different jurisdictions.
“Stablecoins can eliminate one of the biggest pain points in cross-border payments, counterparty FX risk”
Saurabh Joshi,
President,
CSG Forte
Suppliers gain faster access to funds, improving cash flow and reducing uncertainty. Paying businesses reduces reliance on expensive wire transfers and eliminates manual reconciliation steps that consume administrative resources.
Saurabh notes that CSG Forte is observing how stablecoins reduce not just direct transaction fees but also operational overhead. Improved cash flow forecasting and supplier satisfaction emerge since payments are clear with certainty rather than uncertainty.
28 October 2025