A wallet is an interface for managing keys and interacting with payment networks. The balance on screen is only one part of the system; custody, settlement and redemption determine how the money actually moves.

Stablecoins aim to track a reference asset, often the US dollar. Holding a token is not the same as holding an insured bank deposit. Reserve quality, redemption terms and local availability matter.

Cross-border transfers can use blockchain rails, but converting to local money still involves services, costs and checks. Compare the complete route, not only the network fee.