polynya
@polynya
The UX for Coinbase app/Smart Wallet + Base + USDC is great now, significantly superior to the incumbent market leaders Binance + Tron + USDT, plus a fraction of the cost. With the Stage 1 upgrade soon, technically it'll be a decisively superior solution (of course, even moreso with Stage 2). Yet, the real solution will be an international network of aggressive business development and marketing onboarding merchants and users from the countries where B/T/T alliance has significant marketshare - Turkey, Argentina, Thailand etc. Breaking these network effects is a very steep battle that requires significant local investment and must not be underestimated.
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Millie
@millie-x
Coinbase is too Americanized tbh It wouldn’t make a good candidate to service those regions The reason USDT adoption is big outside of the US is because it’s not based in the US
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accountless
@accountless.eth
this is such an important topic.
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