Stablecoin payments could be the answer to how we bring billions of people onchain.

Right now, merchants are faced with a tradeoff. Crypto rails can certainly make businesses more efficient (and thus more profitable), but those efficiency gains are offset by the limited number of onboarded crypto users they can reach (compared to, for instance, credit cards).

We can approach this problem from both sides. (1) Continue to develop the infrastructure to bring costs down. And (2) continue to steadily onboard more people over time, by whatever means possible, with a crypto wallet.

Eventually, I believe we will hit a tipping point where the efficiency vs. reach tradeoff becomes a no brainer. And that's when the really powerful network effects will kick in. Big ideas like decentralized social, a new consumer internet, and the metaverse will start to make sense.

Bootstrapping a global payment network isn't easy. But the opportunity is right in front of us.

coffee days by coinbase is a step in that direction. 

square adding stablecoin payment option on their PoS terminal can make a big difference.