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What exactly are blockchains being used for in the real world?

Specific to this story: most of the world has instant payments without using blockchains or stablecoins, it’s only the U.S. where the banking system somehow hasn’t realised they can do instant payments using traditional banking technology.

Anyone posting that they’re skeptical about the use cases for blockchains on HN 10 years ago will have the same skepticism now. Nothing has changed.

Stablecoins are widely used for international remittance, and for gaining exposure to the USD in countries with weak currencies.

>Banks see an opportunity for stablecoins to speed up more routine transactions, such as cross-border payments that can take days in the traditional payments system

Nothing that crypto is needed for

Blockchain (shared tamper-evident ledgers) has many, many use cases.

Cryptocurrency has just one.

Ask the U.S. how important it is to be the world's default currency before you go ignoring the value of getting that one thing right.

Examples of blockchain use cases?

Can you name a concrete example?

I do not count money, as crypt is technically inferior to non-blockchain based digital currencies.

A permissioned stablecoin run by big tradfi players is by definition not a blockchain.