Farcaster

👍 #USDC Circle co-founder and CEO (https://x.com/jerallaire/status/1933905277226819641): stablecoins are the most useful form of money ever created. They haven't quite reached the "iPhone moment" yet, when developers around the world realize their power and possibilities. But that moment is coming soon.

Stablecoins are better because they encourage competition.

Now anyone can program money - the fixed &amp; marginal costs of building a fintech are lower. More competition = better prices, better experiences, more access

Speed &amp; cost (&lt; 1 second, 1 cent) matter, but it's the

The highest utility form of money ever created. And we are not quite yet at the iPhone moment when developers everywhere realize the power and opportunity of programmable digital dollars on the Internet in the same way they saw the unlock of programmable mobile devices. Soon.