Panel at Istanbul Blockchain Week examines institutional adoption of blockchain for cross-border payments. Key barrier: integrating new infrastructure with legacy systems at scale. Market makers discuss capital fragmentation, payment companies reveal treasury challenges, and infrastructure providers show how stablecoins solve operational pain.
Institutional adoption of blockchain for payments is moving from proof-of-concept to production, but integration with legacy banking systems remains the biggest barrier. A panel at Istanbul Blockchain Week heard from market makers, payment companies processing $1.5B+ monthly in stablecoins, and infrastructure providers on why capital fragmentation and liquidity challenges matter most. The conclusion: stablecoins and reliable infrastructure solve real operational problems, but only when they integrate seamlessly with existing banking and trading systems.