> "Stablecoins" or whatever the hell they're called seem like a wickedly efficient way to move money between businesses and countries without paying large fees or having to wait for clearance. Ideally they can even cut Visa and the fintech monopolies out of the equation. This is more of a B2B rather than consumer / individual application, and it seems genuinely useful. It also seems compatible with the existing FinCEN / FINRA / AML regulations.
Yeah, these seem like a really good (potentially the only one) use case for crypto. Note that these are really just replicating dollar (and potentially euro) dominance for a new age, and whoever ends up winning here will probably be the new Visa/Mastercard (with all of the problems that entails).
Yeah, these seem like a really good (potentially the only one) use case for crypto. Note that these are really just replicating dollar (and potentially euro) dominance for a new age, and whoever ends up winning here will probably be the new Visa/Mastercard (with all of the problems that entails).