martin ↑ pfp
martin ↑
@martin
would be cool if there was an onchain amex maybe circle/coinbase could incentivize spending with USDC this way i want to be early to the next credit card churning
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Garrett pfp
Garrett
@garrett
there’s debit cards that pull straight from your USDC wallet balance (Moonwell, Metamask, etc) Onchain credit is hard bc it needs to be collateralized
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martin ↑ pfp
martin ↑
@martin
for sure but my understanding is that rewards programs are "rev from user + subsidized from other part of business [lending in case of credit cards] + commoditization of product" = differentiation via rewards for members so in theory in a stablecoin war, maybe Circle would want to incentivize theirs? idk
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