@dwr

GENIUS Act will mean that any at-scale company with a lot of payments—both retail and B2B—will explore how to nudge consumers (and force vendors) to use the payment method. Under the radar, but Walmart has a neobank that is used by a lot of their millions of employees and increasingly customers to do in-store payments. The challenge is if you don't already have a balance loaded into an app, you're still going to use a debit or credit card. Why stablecoins will be more likley a sustaining innovation that benefits incumbents in most cases vs. a disruptive innovation benefitting startups.

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