CoinWorld News reports that WuShuo Blockchain tweeted: a16z pointed out that the true opportunity for stablecoins is not to disrupt the existing payment systems, but to fill their gaps. For example, consumers are unlikely to easily give up the consumer protections and reward points provided by credit cards in favor of stablecoins that offer no benefits and irreversible transactions. Therefore, the opportunity for stablecoins is more likely to serve emerging merchants who are not yet covered by existing payment networks.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin