The competition in the stablecoin payment sector is intensifying as TRON, Tempo, Tether, and Circle vie for dominance in global payment channels. These companies are leveraging onchain settlement technologies to significantly reduce transaction costs and times. The cost of cross-border payments has been slashed from approximately 6% to just 0.5%, while transfer times have been reduced from 5-6 days to less than an hour. This shift is driven by the increasing adoption of blockchain technology in financial transactions, offering a more efficient alternative to traditional banking systems. As these companies continue to innovate, the landscape of global payments is rapidly evolving, promising faster and cheaper transactions for users worldwide.