[nobaddays]

Yeah, it’s called Visa lol

In all seriousness, USDC comes pretty close to that i think or something built on algorand

[alangibson]

Indeed. BUT 2.9% transaction fees and the right to disconnect make it suboptimal IMHO.

[nobaddays]

I think eventually someone like Block, paypal, apple or google will make their own USD-backed stablecoin with low or zero fees and tie it into their existing nfc/payment ecosystem and it will be “trusted” since its from a recognizable tech brand and not some obscure crypto group that only gives product updates on telegram lol