Enterprise payment and financial platform Airwallex is hiring for stablecoin-related development positions.

According to the official website of Airwallex, a corporate payment and financial platform, it has opened recruitment for stablecoin-related development positions to build stablecoin infrastructure. This infrastructure will allow customers and internal systems to purchase, hold, send, and settle tokenized currencies globally, support global payments, and enable on-chain liquidity and seamless fiat-to-stablecoin conversion.

Previously, Airwallex co-founder and CEO Jack Zhang posted on X, questioning the practical use of stablecoins. He stated: "Investors keep asking me about stablecoins and how it reduces FX fees; if you are sending money from USD to EUR and the receiver still needs to receive EUR in their bank, I don't see any way stablecoins can reduce the fees - the conversion cost from stablecoin to receiving currency is far higher than the FX interbank market. Crypto is an area I have failed to understand, still haven't seen any crypto use cases in the last 15 years." [ChainCatcher]