Stablecoins Hit a Regulatory Wall as WTO Warns Global Trade Is Missing Out

Stablecoins are spreading through the machinery of international finance, but regulators are struggling to move at the same speed. According to the World Trade Organization, fragmented rules are keeping their share of global payments at just 3%.The warning came from Juan Marchetti, director of the WTO’s trade in services and investment division, during a speech in Geneva on Monday marking the release of the organization’s study on stablecoins in world trade.For Marchetti, the bottlen