Felipe Montoya received a research contract from a Korean company in Bogotá—he needed to investigate the application prospects of stablecoins in Latin America. What seemed like an ordinary job, however, was completely changed in his perception of global payments because of one incident.

On the day of salary settlement, Felipe expected not speculation but real stability. After all, in Latin America, exchange rate fluctuations, bank delays, and cross-border remittance fees are everyday annoyances. But this time was different. His first payment was credited in the form of Tether.

What does fast mean? Bank wire transfers take 3-5 business days. International remittance services are similar. And the speed of Tether arrival? A few minutes. Felipe experienced for the first time what true global payments are. No middlemen, no waiting, money to people instantly. It’s not just about speed; for workers in emerging markets, it means liquidity, autonomy, and control over their assets.

This story might explain why stablecoins are growing so rapidly in regions like Latin America and Southeast Asia—not because of investor speculation, but because they truly solve people's most practical problems.