According to Foresight News, the official website of enterprise payment and financial platform Airwallex shows that it has opened recruitment for stablecoin-related development positions to build stablecoin infrastructure. This infrastructure will allow customers and internal systems to buy, hold, send, and settle tokens globally, support global payments, and enable on-chain liquidity and seamless conversion between fiat currency and stablecoins.
In a previous report by Foresight News, Airwallex founder Jack Zhang tweeted, "Investors constantly ask me questions about stablecoins and how they can reduce foreign exchange fees. If you transfer money from US dollars to euros, and the recipient still needs to receive euros in their bank, I don't see how stablecoins can reduce fees, as the conversion cost from stablecoins to the recipient's currency is far higher than the interbank foreign exchange market. Crypto technology is a field I had never understood before. In the past 15 years, I still haven't seen any use cases for crypto technology."
