« The “push to instant payments is inevitable and represents a risk” to Visa and Mastercard, TD Cowen analyst Jaret Seiberg said in a note.
There is still some skepticism about the security of stablecoins and the regulatory implications of getting involved with digital assets. »

« The “push to instant payments is inevitable and represents a risk” to Visa and Mastercard, TD Cowen analyst Jaret Seiberg said in a note.
There is still some skepticism about the security of stablecoins and the regulatory implications of getting involved with digital assets. »

https://www.wsj.com/finance/banking/walmart-amazon-stablecoin-07de2fdd

Chronically degening onchain | Home Staker $GNO

stablecoins

I can't stop thinking about how stablecoins have the potential to shape international finance in the same way shipping containers permanently changed International trade.

The lifecycle of shipping goods from point A to point B shared so many of the same bottlenecks we see in traditional finance rails today:

1. Time consumption: Similar to how loading and unloading ships manually caused massive delays in shipments, cross-border transactions today also cause massive delays that slow down the speed of economic activities, even in an increasingly digital world.

2. Cost of multiple Middlemen: Transaction costs from banks to payment processors to card issuers all through the life cycle of a single coffee purchase are reminiscent of the cost inefficiencies of hiring manual labour to assist in loading and unloading cargo, a process that sometimes cost more than what it took to ship goods overseas.

You should connect with kuusho, who said: 'I can't stop thinking about how stablecoins have the potential to shape international finance in the same way shipping containers permanently changed International trade. The lifecycle of shipping goods from point A to point B shared so many of the same bottlenecks we see in traditional finance rails today...' Join the conversation in the /stablecoins channel.