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Better Fiat Banking Rails will matter more than Stablecoins

4 points| svapnil | 1 year ago |woodside.sh

2 comments

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randomcatuser|1 year ago

Theoretically, crypto offers a very attractive proposition: no paperwork!

to receive fiat payments, you need to go through the hassle of acquiring bank papers, etc.

For businesses, this will likely not matter. So it's very likely you can create standardized payments in the traditional sense, approaching the ideal user experience of 0 friction. Good luck!

svapnil|1 year ago

Would love to hear everyone's thoughts on stablecoins vs fiat money movement! I've spent a few years in payments engineering, but would also love to hear other peoples perspectives