Almost all major cities in middle income countries have currency brokers who are more than happy to earn spreads by making a market between on-chain dollar-base

Almost all major cities in middle income countries have currency brokers who are more than happy to earn spreads by making a market between on-chain dollar-based stablecoins and the local currency. It's not really any different than traditional forex brokers. If anything, slightly easier because each physical location doesn't have to manage an individual cash vault.