The case for the rails being ready is clear. But the adoption gap isn't a technology problem - it's a trust problem. The communities that create culture and move markets still equate crypto with scams, jpgs, and degens (and maybe now citi fwiw!).
The infrastructure can be flawless and it doesn't matter if the people who actually drive mainstream behavior don't trust it. WhatsApp didn't win because the protocol was better. It won because nobody thought about the protocol at all.
Stablecoins get there when the adoption story stops being about financial institutions and starts being about the people whose behavior actually shifts markets.
Curious to see how p2p settlement vs PSP facilitated settlement options will play out. The latter seems a no-brainer for internal pooling or B2B payments, but more challenging in B2C environments.
It is - but it is in the hands of a few small cohorts right now when you think about the real use cases that are scaling. Look under the hood and build with some of the payment tech in crypto that bridge retail usage and we are a little way from adoption. AI agents - yes, we can see that is the first scalable use case. I love the framing of this - caught my attention as a marketing nerd. :)
Great points. The bipartisan political incentives are often underappreciated in stablecoin debates, especially when you look at how dollar export, bank lobbying, and consumer protection narratives intersect.
This seems like a real existential threat to Visa/MC, never mind their speed to innovate. If the rails change and Stripe provides the infrastructure, what value does Visa add?
we think the stablecoins infrastructure is good enough already to onboard the non-crypto users without even explaining the protocols, helping them access the most advanced stack of financial products they can imagine in countries with broken financial systems. Shilling ogvio.com here ;)
The case for the rails being ready is clear. But the adoption gap isn't a technology problem - it's a trust problem. The communities that create culture and move markets still equate crypto with scams, jpgs, and degens (and maybe now citi fwiw!).
The infrastructure can be flawless and it doesn't matter if the people who actually drive mainstream behavior don't trust it. WhatsApp didn't win because the protocol was better. It won because nobody thought about the protocol at all.
Stablecoins get there when the adoption story stops being about financial institutions and starts being about the people whose behavior actually shifts markets.
Pretty much agree with this.
Curious to see how p2p settlement vs PSP facilitated settlement options will play out. The latter seems a no-brainer for internal pooling or B2B payments, but more challenging in B2C environments.
It is - but it is in the hands of a few small cohorts right now when you think about the real use cases that are scaling. Look under the hood and build with some of the payment tech in crypto that bridge retail usage and we are a little way from adoption. AI agents - yes, we can see that is the first scalable use case. I love the framing of this - caught my attention as a marketing nerd. :)
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Great points. The bipartisan political incentives are often underappreciated in stablecoin debates, especially when you look at how dollar export, bank lobbying, and consumer protection narratives intersect.
For anyone who wants to go deeper on the underlying rails, I mapped out the “Money 2.0” stack and stablecoin infrastructure here: https://theinterneteconomy.xyz/p/money-20-stablecoins-and-the-new
stablecoins as top 10 holder of US debt by next year is the stat that should be in every pitch deck right now
This seems like a real existential threat to Visa/MC, never mind their speed to innovate. If the rails change and Stripe provides the infrastructure, what value does Visa add?
we think the stablecoins infrastructure is good enough already to onboard the non-crypto users without even explaining the protocols, helping them access the most advanced stack of financial products they can imagine in countries with broken financial systems. Shilling ogvio.com here ;)