> What happens when merchants realise they do not need Stripe to accept stablecoin payments, or any software-as-a-service vendor.

1. Consumers have cards. They want to use cards. They like cards.

2. Good luck convincing merchants to switch underlying ecommerce and accounting platforms.

3. Will stablecoin payments grow? Yes. But it has to be driven by consumer interest, not merchants.

"Stripe charges a 1.5% fee for stablecoin payments, settled in USD" 

What happens when merchants realise they do not need Stripe to accept stablecoin payments, or any software-as-a-service vendor.

If you are running a low-margin international eCommerce business (think Temu, but https://t.co/Bb5ETsmrZx

Mikko Ohtamaa

> What happens when merchants realise they do not need Stripe to accept stablecoin payments, or any software-as-a-service vendor.

1. Consumers have cards. They want to use cards. They like cards.

2. Good luck convincing merchants to switch underlying ecommerce and accounting platforms.

3. Will stablecoin payments grow? Yes. But it has to be driven by consumer interest, not merchants.

https://x.com/moo9000/status/1972588881733095900

Merchants been trying to get the government to cap interchange fees for a long time but consumers love those points.

For the US consumer payment market stablecoins won’t make a dent.

Changing the American consumer to keep wallet topped up ngmi.

Working on building zkTLS infra/products. A ruthless empiricist and meme connoisseur.

/opacity

and

/eulerlagrange

With 20% increase in profit margin you can offer a lot of points