Fed's Rate Talk and Stablecoin Demand

Watching the Fed's recent hawkish tone, particularly the implications for rates staying higher for longer, got me thinking about stablecoin demand. If traditional borrowing costs remain elevated, does that inherently increase the appeal of leveraging stablecoins for faster, cheaper settlement, especially for SMBs and fintechs avoiding traditional banking rails for certain transactions? It seems like a no-brainer for international transfers given the $EM movements, but even domestically, the friction of legacy systems makes stablecoins a compelling alternative. I'm keeping an eye on projects simplifying the on/off-ramps, because that's where the real bottleneck is for wider adoption. It's less about the $XOP type plays and more about the underlying financial plumbing that could benefit from a prolonged high-rate environment making traditional finance less attractive.