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payments are fast, but local-currency settlement remains a bottleneck: Gravity Team CEO","url":"https://stock-news.laohu8.com/highlight/detail?id=2661277908","media":"cryptonews","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661277908?lang=en_us&edition=fundamental","pubTime":"2026-08-24 23:11","pubTimestamp":1787584298,"startTime":"0","endTime":"0","summary":"Stablecoins can cross borders within seconds, but converting them into spendable local currency remains a slower and more fragmented process, Gravity Team CEO Mārti Beītis told crypto.news as the firm launched its institutional OTC desk.Stablecoin transfers do not remove the need for local liquidity, banking access, and payout infrastructure.Gravity Team says traditional settlement can tie up 20% to 40% of monthly payment flows.Stripe and Mastercard have expanded their stablecoin infrastructure through major acquisitions.Gravity Team launched an OTC desk offering T+0 fiat settlement in more than 20 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