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limone.eth πŸ‹ pfp
limone.eth πŸ‹
@limone.eth
it's been a couple of months since I started building drift.money i've spoken with many stakeholders across stablecoin and crypto payments ecosystem, but also with merchants and businesses entirely new to this space here are some key learnings i keep in mind as i build 🫑
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Sterling Schuyler pfp
Sterling Schuyler
@sterschuyler
Super curious about the last one. Has enabling crypto payments led to a noticeable increase in new customers? I figured merchants might see existing customers switch payment types, moreso than attracting new clients
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limone.eth πŸ‹ pfp
limone.eth πŸ‹
@limone.eth
in my experience they see potential not because of reducing fees, but because of increasing volumes unlocking a new payment method widens the customer base (potentially)
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limone.eth πŸ‹ pfp
limone.eth πŸ‹
@limone.eth
@sterschuyler specially when you are early with a payment method with an untapped customer base willing to use it if for example there are 2/10 coffee shops near my office who accept stablecoins, it’s more likely i go there, just as i prefer going where i can spend with apple pay vs cash only
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