Someone on HN (which is often quite crypto-skeptical) asked why exactly businesses are finding crypto and stablecoins useful. It's a very reasonable question. My response: https://t.co/3Aa7Xt0XHr

At first glance, this might seem counterintuitive. If you are building a mobile-first bank, why not offer virtual cards and let users pay with their phone? Why go through the hassle of producing and shipping physical cards?