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real answer?

international txs

using existing rails cross-border is an incredible pain

Well that is the fundamental thing imo:

“You never change something by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” - Buckminster Fuller

Agree that the risk is that the new thing (stables) also gets heavily regulated and captured

But USDC is a wedge to truly decentralized stables

well yeah but it really only works because of regulatory arbitrage

sending money cross-border could easily be faster in tradfi but they're heavily regulated

there's nothing fundamental about stablecoin USDC/USDT decentralization that makes them better for cross-border other than the fact bureaucracies move slow and haven't regulated them to death yet