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[KPMG: Stablecoins Can Significantly Reduce Cross-Border Payment Costs] A KPMG report highlights that stablecoins are an important use case for transforming cross-border payments, capable of reducing settlement times from days to seconds and lowering transaction costs by up to 99%. Currently, banks process approximately $150 trillion annually through traditional correspondent banking networks, which are inefficient and costly. The report also mentions that companies like JPMorgan and PayPal have demonstrated growing demand for blockchain payment channels.