Former Vice President · IBM Blockchain
World Wire subscribers transact using bridge assets, many of which are stablecoins. Stellar makes issuing assets easy, and is the only blockchain built with stablecoins in mind.
World Wire customers are regulated financial institutions, so they need to comply with KYC and AML requirements. By allowing issuers to control access to the assets they issue, Stellar makes compliance easy.
The Stellar Consensus Protocol prevents forks, keeping all assets on one global ledger and allowing for immediate settlement of payments.
World Wire’s coverage of 72 countries and 47 currencies requires a network that can handle high transaction volumes relative to other blockchains.
IBM believes an open-source standard for payments should be stewarded by a nonprofit foundation.