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.

OK maybe this is a dumb question but would corporate stablecoins just like gift cards 2.0?

Reporter and writer. I cover energy, climate change and geopolitics. Contact me via my website www.alexanderckaufman.com and subscribe to kaufman.substack.com.

No because you can’t withdraw a gift card balance. You have to spend it.