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Stablecoins vs Banks: How Money Can Leave a Country 24/7

2026-10-01

Cointelegraph Magazine published a piece on Oct 1, 2026, arguing that stablecoins can move out of banks and out of countries very quickly. The article was written by staff writer Christina Comben and reviewed by staff editor Andrew Fenton.

The article's main point is speed. Stablecoins are highly liquid and settle at any hour, every day of the week. Because of that, money held in them can leave a bank or a country without waiting on the usual banking timetable.

The piece compares this with an overseas bank transfer. In that case, the sender waits on working hours, on correspondent banks and on settlement times. The article says that whether this speed is a risk or an opportunity depends on who is looking at it. From the material available, it does not say which side is right, and it gives no figures on how much money has moved.

For someone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this story changes nothing directly. It contains no data on funding rates, trading fees or order-book liquidity on any of these exchanges, and it reports no new rule or event that would affect them. It is a general article about how fast stablecoins move, not news about what a perpetual position costs to hold.

Source: cointelegraph — Stablecoins can drain from banks and nations at lightning speed

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