@monteluna

If we see the market structure bill pass with or without stablecoin interest rates, this market is going to be extremely open. Credit lending in general is largely a monopoly where end consumers get screwed, and bankers get big bonuses or blow up while being covered on taxpayer dimes. Consumer credit is also largely ridiculous since most households have assets like 401Ks they could theoretically borrow against at low interest rates, but can't simply due to regulation. We're quite close to a more financially efficient world where if the average American can get up to $50K in savings, they can just borrow against it at low rates and have a floating reserve. By quite close, I mean less than 5 years.

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