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.

For the fine print, it is the fear of most commercial and traditional banks . No one keeps the huge bulk of their net worth in banks anymore. It’s all in a wallet with the passphrase written finely in a note kept in the office safe with the passcode of the safe being with the lawyer 😂


But for sure, it’s mostly beneficial to people who already have a loaded app wallet and can choose it as a means of payment not funding freshly at that moment