US dollar-pegged stablecoins can lower merchant transaction fees and speed up payment settlements.

Quotes that support claims

Stablecoins could allow merchants to circumvent traditional payment rails, which cost them billions of dollars in fees each year, including the interchange fee they pay when customers make purchases using their cards.

While there are several different ways companies could incorporate stablecoins, they all present the opportunity to circumvent traditional payment rails. This could potentially save retailers billions of dollars in card fees.