Why Stablecoins?

TL;DR

Stablecoins are digital versions of familiar currencies (USD, EUR, GBP) that move 24/7, settle in minutes, and usually cost far less than traditional cross-border payments. They form the foundation of a borderless financial system. 

On their own, stablecoins are powerful—but Wello turns them into everyday money. By combining stablecoins with local payment rails in 120+ countries, Wello makes it possible to send globally and spend locally, without hidden fees or delays.

The broken system we live with today

Global money still relies on rails designed for the 20th century:

• Slow — International transfers take days and stop on weekends.
• Costly — Multiple banks each take a cut; small transfers are penalized most.
• Exclusionary — 1.4 billion adults remain unbanked, locked out of the system.
• Fragile — Inflation destroys savings.
  

For families paying school fees, or freelancers covering rent, this isn’t a technical inconvenience—it’s a daily struggle.

What is a stablecoin?

Think of a stablecoin as digital cash designed to hold a steady value.

• 1 token ≈ 1 unit of fiat (e.g., USDC ≈ 1 USD).
  
• Backed by reserves or collateral (for example, USDC is backed 1:1 by dollars in regulated banks).
  
• Runs on blockchain rails, so settlement is near-instant, global, and trackable.
  
• Built for practical payments—salaries, remittances, savings, business transactions—unlike volatile assets such as BTC or ETH.
  

Predictable value plus instant settlement gives you something close to “internet-speed cash” that works across borders.

Why stablecoins matter?

Stablecoins are the closest thing we have to internet-speed cash:

• Always on: clear in minutes, weekends included.
• Predictable: pegged 1:1 to major currencies.
• Transparent: fees shown upfront.
• Accessible: no bank required, just a phone and internet.
  

A few real-life corridors show the difference:

• A worker in Paris sends €100 home to Dakar. With banks, the family loses €6 and waits three days; with stablecoins on Wello, they receive nearly the full amount in minutes.
  
• A freelance designer in Lagos once waited five days for PayPal. With stablecoins, payments land instantly, keeping cash flow healthy.
  
• A small shop owner in Buenos Aires uses digital dollars to avoid inflation eating away weekly earnings—cashing out locally only when needed.
  

Stablecoins aren’t speculation—they’re survival and empowerment.

Who benefits most?

• Families sending remittances
  $860B was sent globally in 2023. With stablecoins, Wello can cut fees, reduce uncertainty, and deliver funds same-day—keeping more value with the family rather than in intermediary costs.
  

• Freelancers & remote workers
  Instead of waiting 3–5 business days for PayPal or a wire, payouts in stablecoins can land in minutes. Faster cash flow means bills, groceries, and rent get covered on time.
  

• Small businesses & importers
  Paying suppliers abroad usually means hopping through correspondent banks and absorbing multiple FX conversions. Stablecoins simplify that path and protect margins.
  

• Travelers & students
  Hold USD/EUR stablecoins, convert to local currency when needed, and avoid surprise FX markups. You keep control over timing and rates.
  

People in high-inflation economies A simple way to store value in digital dollars while retaining the option to cash out locally when necessary.

Why stablecoins feel better in daily life

• Always available — Transfers clear in minutes, even on weekends and holidays.
  
• Transparent — Fees are shown upfront; no mystery FX spreads.
  
• Flexible — Hold in USD/EUR until you choose to convert.
  
• Accessible — No traditional bank account required; a phone and internet connection are enough.
  

Everyday examples:

• Send $50 to family abroad for an emergency and know it arrives the same day.
  

• Pay a remote designer in another country without the usual delays.
  

• Settle a small invoice instantly and move on with your day.
  

• Store weekly income in digital dollars, then cash out locally when prices and timing make sense.
  

This is money working for you instead of against you.

How Wello delivers it

Stablecoins alone aren’t enough. Without the right rails, people face confusing wallets, DEX hopping, and hidden spreads.

Wello solves this by connecting global stablecoins directly to local payment networks:

• Buy stablecoins in two clicks using Apple Pay, cards, and local rails.
  
  
• Send across borders in minutes—fast, transparent, and self-custodial by default.
  
  
• Cash out locally through trusted payment networks in 120+ countries.
  
  
• See fees upfront and choose when to convert.
  
  

A simple flow: top up with Apple Pay in France → send USDC to the Philippines → the recipient withdraws pesos to GCash in minutes. No intermediaries, no weekend delays—just money moving at internet speed.

Bottom line

Stablecoins are the foundation of borderless money. Wello builds on that foundation to deliver a network where you can send global and spend local.

Families, freelancers, students, and small businesses already use Wello to experience money that is fast, fair, and inclusive. And this is only the start: from remittances to savings, from local spending to global access, Wello is building the future of everyday finance.