Stablecoins aren't cheaper; They're better.
fintechbrainfood.com
Stablecoins aren't cheaper; They're better.
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
Stablecoins: Payments Without Intermediaries
The internet made information free and global. So why is it still so hard — and expensive — to move money?
The early internet promised a future where anyone could publish, build, or transact without permission. Protocols like email and the web... See more
Chris Dixonx.comCrypto is designed to break down barriers, allowing the best money to rise to the top. We see this behavior in stablecoins, where >99% of stablecoins are US dollars. There isn’t a whole lot of organic demand for fiat currency #109. Many people are artificially restricted from holding dollars offchain, which is a major reason for the success of... See more
Jon Charbonneau • L1 & L2 Token Value Capture - DBA
Another pressing topic for 2025 is the role of stablecoins in reducing transaction costs . Many businesses, especially in e-commerce and cross-border payments, grapple with high fees imposed by traditional financial systems. Stablecoins provide a compelling alternative, offering lower costs, faster settlements, and greater transparency. Businesses... See more
Joe McCann • Asymmetric Market Update™️ #25
"We are already in discussions with some of the world’s largest enterprises, helping them assemble stablecoin strategies, such as faster global expansion or easier custody of funds."
On stablecoins, from @patrickc and @collision's Stripe 2024 letter https://t.co/XAbOypu6O5