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.

Am I tripping or is all of this incredibly hostile to the consumer? I like having one bank account where I spend from and not endless proprietary dollars for every retailer?

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

Everyone wants a piece of the payment pie.  Whether or not it’s bad for consumers depends on the implementation.

Not necessarily bad to have WALUSD and TARUSD if they are interchangeable and held on your ETH wallet.

Startup artist seeking inspiration.  Champion of /bcard

Yes it is because I will always have to PAY to interchange them. 👎