The reason cross-border payments are slow isn’t the wire. It’s the pre-funding requirement. Today, banks have to park billions of dollars in dormant accounts around the world so payments can settle when needed. That capital sits idle instead of being put to work. When settlement is guaranteed in seconds at the protocol level, that requirement largely disappears. Capital can remain productive until the moment a payment actually needs to move. That’s what the Avalanche Payments Collective is building toward.(Emin Gün Sirer🔺⚔️)