TechFlow news, July 7 — According to the official website of Australian fintech startup Airwallex, the company is forming a stablecoin platform team and has opened two engineering positions focused on building stablecoin infrastructure.
According to the webpage, this infrastructure will enable customers and internal systems to buy, hold, send, and settle tokens globally, supporting near-instant cross-border payments and enabling on-chain liquidity with seamless fiat-to-stablecoin conversion.
Previous report, Airwallex CEO questioned the practicality of stablecoins, stating they struggle to replace traditional cross-border payments.
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