> What happens when merchants realise they do not need Stripe to accept stablecoin payments, or any software-as-a-service vendor.

1. Consumers have cards. They want to use cards. They like cards.

2. Good luck convincing merchants to switch underlying ecommerce and accounting platforms.

3. Will stablecoin payments grow? Yes. But it has to be driven by consumer interest, not merchants.

"Stripe charges a 1.5% fee for stablecoin payments, settled in USD" 

What happens when merchants realise they do not need Stripe to accept stablecoin payments, or any software-as-a-service vendor.

If you are running a low-margin international eCommerce business (think Temu, but https://t.co/Bb5ETsmrZx

Mikko Ohtamaa

> What happens when merchants realise they do not need Stripe to accept stablecoin payments, or any software-as-a-service vendor.

1. Consumers have cards. They want to use cards. They like cards.

2. Good luck convincing merchants to switch underlying ecommerce and accounting platforms.

3. Will stablecoin payments grow? Yes. But it has to be driven by consumer interest, not merchants.

https://x.com/moo9000/status/1972588881733095900

they will definitely stop using them 

side note:  i'm still irritated that during covid many restaurants started charging a 3% fee for paying with credit and it still hasn't gone away