Wise Hires Digital-Asset Lead for Stablecoins

Stablecoins are shifting from niche tokens to core financial rails, enabling faster, more predictable cross-border payments and programmable use cases. Businesses rather than retail traders are increasingly driving adoption for payments, remittances and corporate reserves. Regulators such as the EU’s Markets in Crypto-Assets (MiCA) framework and U.S. rulemaking are seen as critical to building trust; a U.S. coalition warned that bank fees for data access could sever links between banks, wallets and stablecoins and urged the CFPB to preserve Rule 1033. Accurate data, routing information and automation remain essential to reduce payment failures and enable straight-through processing as DLT and stablecoins converge. Fintechs are preparing for the shift: for example, Wise is hiring a digital-asset product lead focused on stablecoins to explore how customers might hold and use digital assets.