Similarly, if I wanted to pay someone a $1, I would give them a $1. Except I am trying to send some cash to my retired mother in Belarus for a month and a half. She is not under any sanctions, her bank is not sanctioned. Yet wire transfer stuck in some Fed's system (for the second time, first time i sent it, it was just returned 3 weeks later without explanation, and only now I know the real reason.)
Traditional money transferring companies all exited Belarus (PayPal, Western Union, etc.) Now we exploring ability to send some kind of crypto, either bitcoin or stablecoin, in Belarus as a last ditch effort to send over some $1s...