The fintech replacing banks in cross-border payments, one stablecoin at a time

Especially for businesses in the global south, cross-border transactions are still defined by slow wires, hidden fees, and clunky banking infrastructure. Conduit, a four-year-old fintech based in the US, has been attempting to rebuild the plumbing of international money movement using blockchain and stablecoins. And after a quiet pivot away from decentralised finance (DeFi), the company says…