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.

sending sms messages used to have a direct cost with every message sent (externalized to end users) in the same way

but it eventually became seamless and costless (eg imessage) as businesses eventually cared less about the rails and more about the social connectedness it enabled afterward

in due time