Crypto Insider

Foundation Capital: Rewriting the Way Money Moves with Stablecoins

> The post explores how stablecoins are poised to transform global money movement by reducing costs, increasing programmability, and enabling composable financial services.

> It argues that true mass adoption hinges on integrating stablecoins into traditional finance, and urges both startups and big players in the financial services industry to take this opportunity.

> “Visa and Mastercard generated a combined $64B in revenue across 400B transactions last year. If these 400B transactions were executed on Solana, total fee revenue would be closer to $400M, a 99% reduction in cost to merchants."

> “When you can bring down costs to relatively nothing (in terms of both money and time), you can drive massive change and adoption.”👇

Source:

Foundation Capital: Rewriting the Way Money Moves with Stablecoins

> The post explores how stablecoins are poised to transform global money movement by reducing costs, increasing programmability, and enabling composable financial services.

> It argues that true mass adoption hinges on integrating stablecoins into traditional finance, and urges both startups and big players in the financial services industry to take this opportunity.

> “Visa and Mastercard generated a combined $64B in revenue across 400B transactions last year. If these 400B transactions were executed on Solana, total fee revenue would be closer to $400M, a 99% reduction in cost to merchants."

> “When you can bring down costs to relatively nothing (in terms of both money and time), you can drive massive change and adoption.”👇

Source: https://foundationcapital.com/rewriting-the-way-money-moves-with-stablecoins/