How’s this not the biggest crypto unlock of the year? @base and Square need to partner up on this.

Face ID -> NFC Tap -> Xfer USDC

2.75% saved for small merchants. 

Goodbye Visa. Goodbye networks.

How’s this not the biggest crypto unlock of the year? @base and Square need to partner up on this.

Face ID -> NFC Tap -> Xfer USDC

2.75% saved for small merchants. 

Goodbye Visa. Goodbye networks. 

https://9to5mac.com/2024/08/14/apple-nfc-chip-iphone-ios-18-1/

Because ultimately the merchant will save somewhere from 0.50% to 1.50% after finding parity with credit card rewards, which is nice, but requires a drop in solution, not new hardware, plus software to handle the reconciliation, tax and tip outs.

But that’s just a matter of building out the stack over time right?