Stablecoins & Markets
Kim Min-jun
Coverage focuses on reserves, redemption and the flow of money through digital-asset markets.
View articlesExplainers & Analysis: Payments
Stablecoin-to-USD Settlement: From Deposit to Treasury
How a USDC liquidation address, customer account and treasury transfer form a stablecoin-to-USD settlement flow.
Nostro vs Vostro Accounts: One Balance, Two Bank Ledgers
Why nostro and vostro are two views of one correspondent account, and how banks reconcile the balance.
Intraday Liquidity: How Banks Fund the Payment Day
Why a bank can be liquid at day-end but still need funds before a payment deadline.
Gross vs Net Settlement: How Payment Systems Move Money
Gross settlement moves each payment; net settlement offsets obligations before money moves.
EURC and Euro Stablecoins: Networks, Fees and Redemption
How to send EURC: match the token and network, keep gas funds, and understand MiCA redemption.
Stripe Stablecoin Refunds: Wallets, Amounts and Status
Where Stripe stablecoin refunds go, how partial amounts add up and what the saved status actually establishes.
USDC on Solana: Mint, Token Accounts and SOL Fees
How native USDC works on Solana: verify the mint, understand token accounts, keep SOL for fees and avoid network errors.
FedNow vs RTP vs ACH: How US Bank Payments Move
FedNow and RTP settle instantly; ACH moves credits and debits in batches. Compare reach, timing and finality.
Fedwire vs CHIPS: How High-Value Dollar Payments Settle
Fedwire settles payments one by one; CHIPS uses liquidity-saving netting. Here is what that changes in practice.
USDC on Base: How to Send It and Pay Gas in ETH
How to send USDC on Base, verify the contract and network, keep ETH for gas, and avoid unsupported deposits.
How Businesses Accept Stablecoin Payments
A stablecoin checkout needs a payment intent, supported chain, settlement record, refund policy and reconciliation.
Payment Versus Payment: What PvP Removes from an FX Trade
Conditional currency settlement reduces principal risk. It still leaves funding, replacement and operational questions.
The Travel Rule: What Travels With a Crypto Transfer?
The payment moves on a network. Required sender and recipient information is a separate data process.
How Crypto Cards Turn Tokens Into Merchant Payments
A card funded with stablecoins does not mean the shop receives a blockchain transfer.
Paying Suppliers in Stablecoins: Invoice to Settlement
Agree the asset, network and final amount before treating a wallet transfer as a paid invoice.
The Full Cost of a Cross-Border Stablecoin Payment
The full cost of a cross-border stablecoin payment, with a cost model, worked examples and World Bank data.
Why Crypto Companies Still Need Bank Accounts
An onchain business can still have offchain bills, reserve assets and customers who need cash.
