Investment bank William Blair predicts that stablecoins will significantly disrupt cross-border payments by providing faster, cheaper, and more efficient alternatives to traditional systems. The bank highlights the advantages of stablecoins, such as 24/7 availability, instant settlement, and the elimination of foreign exchange risk, which could replace legacy infrastructure in B2B transactions and gain traction in consumer commerce. The report emphasizes the importance of regulatory clarity and corporate adoption in driving the growth of stablecoins. However, it warns that market impatience could pose short-term risks to companies like Coinbase and Circle. William Blair also anticipates market consolidation around dominant payment tokens, potentially benefiting firms like Visa, Mastercard, and Corpay.