Stablecoin settlement in emerging markets: liquidity, OTC, and cross-border payments

In many emerging-market currencies, the digital asset moves easily while the local currency stays inside its own market. In an interview with The Paypers, Gravity Team Co-Founder and CEO Mārtiņš Beņķītis explained why someone has to hold that liquidity and fund the payout, and why he expects on-chain settlement and bank rails to work together in layers. “A price that looks good globally may be impossible to execute at meaningful size locally,” he said.