crypto is faster and 24/7. And even when assuming people want their local fiat currency they can use the domestic system to get it, which is usually faster tha

crypto is faster and 24/7. And even when assuming people want their local fiat currency they can use the domestic system to get it, which is usually faster than the international wire system even the heralded “SEPA” system cross border in Europe is not as reliable as it is a patch work of multiple systems (Instant SEPA, normal SEPA, etc). Ie. A SEPA transaction through Wise/Revolut could be fairly instant or it could be 7 actual days with a customer support query and fingers crossed. It is better for people to get the asset and convert it in their country with the banking partners or traders that work well for them. Or just invest/spend with that asset alone because it is equally (or more) valid earnings as fiat to many people. What you might be missing is that many of us arent acquiring crypto at the time to then send it to someone, we already have holdings in crypto because we earn in it too. I may have a few hundred dollars in stablecoins, just like I may also have a few hundred dollars in my Venmo or Wise or Revolut account. I periodically have liquid investments in crypto assets. So when I am choosing how to pay anyone a large amount and they don't accept credit card because they arent really a merchant but just good at something, then its really easy to just say ok give me your wallet address and the liquidity is nearly instantly under their control. Much more practical when you already have it. so its basically time saving, and what is essentially happening is that higher scrutiny, bank error prone international wires are converted into domestic payments for international commerce and circumvents the interchange bank issues.