Thanks to FC I've been diving a bit more into stablecoins lately and see a lot of the potential. But am I wrong in thinking that it mostly (for now) is just externalizing a lot of the costs/inefficiencies/regulations to the end user? Obtain wallet, buy coins, pay transaction fee, pay taxes, etc. Please forgive newb and/or stupid question.

Good questions. Over the next few years:

1. Wallets will be embedded in every mainstream fintech app

2. Ability to convert USD to USDC will be seamless / invisible

3. No difference in taxes with a stablecoin compared to fiat

4. Transaction fees — the onchain fee will go away (likely covered by the app) and the e-commerce fee will likely go down since Visa / MC duopoly can't extract 3%

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

Yup that's what I was looking for. Very compelling.