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ST
@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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jesse.base.eth 🔵
@jessepollak
1. fees for small businesses should go from ~3-4% to <1%. the average small business *total* margin is 3-6%, so this is a doubling of their margin. 2. choice for small businesses (POS, accounting, tax) and consumers (wallets, rewards) should dramatically increase bc it's all in an open ecosystem vs. locked into a specific platform 3. UX for small businesses and consumers should get 10x better bc we'll have so many more people building great solutions on top of the open platform
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rafa
@rafa
I would add, it opens up peer-to-peer international trade which is very difficult because banking systems in different regulatory systems don’t interact easily / cost a lot.
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