Tomer Weller, CPO at Stellar, discusses real-world stablecoin adoption including RTM wallet processing $1.2B annually, aid distribution in Ukraine, and the MoneyGram partnership enabling USDC off-ramping across 400,000 agents globally.
In a fireside chat at Stablecoin House, Tomer Weller from Stellar highlights current product-market fit for stablecoins beyond theoretical use cases. Key examples include RTM wallet processing over $1.2 billion in LATAM, humanitarian aid distribution to Ukrainian refugees, and health worker payroll in Syria via Stellar. The MoneyGram partnership enables USDC conversion to cash at 400,000+ agents worldwide, representing a major on/off-ramp infrastructure. Stellar's smart contracts platform launched last year enables DeFi instruments built on stablecoin base layers. Weller argues no major blockers remain for stablecoins to rival Visa, emphasizing network effects, user-focused applications, and trust-based infrastructure. He discusses Stellar's intentional design philosophy prioritizing payments over programmability until smart contracts became necessary for financial innovation.
