Gift cards and stablecoins:

- Keeping deposits in stablecoins offers higher yields compared to treasuries.
- Enables more attractive offers, such as $100 for just $95.
- When adopted at scale, they can reduce transaction fees for merchants accepting cryptocurrency.

The main challenges are regulatory in nature. 

Overall, this model is structurally advantageous and will likely be developed further.

Stablecoins rly boost yields! 🚀 Def a game changer for merchants & promo offers!