There is a going to be a big business to be built on fraud risk for merchants and stablecoins.

Chasing Curiosity. Empathetic Accelerationist. Founding Fullstack Engineer @icebreaker. YC S16, KB7. 
icbk.me/tayyab.fc

1. How often do you chargeback online merchants? I suspect $ fraud > $ legitimate chargebacks. Probably by 100x.

So if your eliminate fraud then you get lower prices.

2. You can’t charge a wallet without approval

Let’s say you order something on a website, idk a tshirt. You pay in stablecoins, you get underwear and the company refuses to answer your support emails. 

You can’t really ask for a refund. CC companies at least give you the ability to claim. 

Same is true for subscriptions that over charge you despite canceling.