commerce

Excellent piece on stablecoins solving real frictions in payments today.   

“....you're systematically not paying enough attention to the weak signals in this market because of personal biases, lack of usefulness in your context, or distaste for anything with a proximity to Crypto.

That's a recipe for disruption....

Like everything in payments, it's slowly, then suddenly."

This is because payments is a 2-sided market: payers and payees build on either side, one attracting the other in a feedback loop, until the speed at which each side is added moves so fast it hits escape velocity. 

To start this flywheel, you must start with solving painpoints for payers. Simon explains how on-chain payments is doing this today. 

The signs are there all along, the wide acceptance only feels sudden to those not paying attention. 

👇

Excellent piece on stablecoins solving real frictions in payments today.   

“....you're systematically not paying enough attention to the weak signals in this market because of personal biases, lack of usefulness in your context, or distaste for anything with a proximity to Crypto.

That's a recipe for disruption....

Like everything in payments, it's slowly, then suddenly."

This is because payments is a 2-sided market: payers and payees build on either side, one attracting the other in a feedback loop, until the speed at which each side is added moves so fast it hits escape velocity. 

To start this flywheel, you must start with solving painpoints for payers. Simon explains how on-chain payments is doing this today. 

The signs are there all along, the wide acceptance only feels sudden to those not paying attention. 

👇

https://fintechbrainfood.com/p/next-cross-border-rail-will-10x-efficient

Co-founder building @loopcrypto, unlocking onchain payments without the headache  | https://www.loopcrypto.xyz

Stablecoins are indeed solving real frictions in payments, and their adoption will likely accelerate as on-chain payments continue to improve.