Today’s payment landscape is dominated by gatekeepers that charge high fees that cut into the profitability of every business they touch, and justify those fees in the name of ubiquity and convenience — while they stifle competition and limit the creativity of builders.

In this post, @sambroner explains how stablecoins can do better: https://a16zcrypto.com/posts/article/how-stablecoins-will-eat-payments/

One easy way to understand stablecoins is to look at them through the history of U.S. banking:

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