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@vercelabloh
This might sound like a weird question but bear with me please: Why do we want USDC retail payments (esp. in countries like the US?) Not benefits. I'm talking about bigger strategic goals here. What happens when daily consumer payments happen w/ stablecoins? https://x.com/jonwu_/status/1823367216797986854
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EleniThinks
@elenithinks
Consumers want to pay quickly and easily with the funds they have, where they have them. @jonwu's post even highlights this - if he didn't already have funds on-chain, it would have felt like too much of a task. Merchants will want to accept crypto bc their customers want to pay with it (yes there are other benefits, but those benefits are only realized when there's a sale). It's that simple. As more money moves on-chain bc on-chain payments solves a pain point (e.g. ability to hold a stable currency especially in markets where there is high inflation, access to financing, ability to be your own bank, fast and cheap B2B cross-border payments, remittances, etc), + more infra being built that makes it simple and easy for merchants to do so, on-chain acceptance will be ubiquitous. It's about when, not if.
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