International remittance service firm 'Wise' hires digital asset expert... "Suggests use of stablecoins"

Global remittance company Wise is drawing attention over whether it will expand stablecoins (virtual assets whose value is linked to fiat currencies).

On the 21st (Korean time), according to crypto-focused outlet Cointelegraph, Matthew Salisbury, Wise's product director, recently posted a job listing on LinkedIn to hire a 'Digital Asset Product Lead.' The position will be responsible for researching ways for customers to hold digital assets within their Wise accounts.

Some speculate that Wise may expand its remittance services using stablecoins. Cointelegraph reported, "This move comes as hiring announcements appear amid increasing adoption of stablecoin payments in the global remittance market," adding, "Major financial institutions are adopting stablecoins as payment infrastructure, with Visa already starting an international payment pilot using USDC and EURC."