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Martin
@themlpx
Stablecoins/crypto payments have demand and strong real world usage in developing nations But in developed ones with strong banking services/fintech players like Singapore and the US, there’s little need to use stables in your day to day life. Except for remittance/cross border transfers ofc. Do we ever see that changing? And what needs to happen for us to have wider adoption? Main issues now from someone living in Singapore are 1) extra fees that I’d have to pay 2) more convenient to just use local services unless I already have stables
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jim
@mcpherson.eth
If I could tap my iphone or Apple Watch to pay $USDC at merchants and restaurants, I would use it instead of my Apple Card. More and more local merchants now offer as much as 3.75% discount if I use cash, because Mastercard and Visa transaction fees. Time to pay with stable digital currency, as good as cash with $0.01 fees.
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I. Christwin〔▸‿◂〕
@ichristwin.eth
In the case of 1st world economics, stablecoins need to be more integrated to this existing finance infra and users pulled in with financial incentives See @gnosispay card and all the incentives associated with it, my favorite is probably the recharge function provided by ZealWallet.twitter https://warpcast.com/fiodar.eth/0x8984d2ef
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Sumaa
@sumaa
historically, all fiat currencies fail - it's just a matter of time
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Kobie Williams
@kobieaw
Stables do have potential use in US. I showed a small biz owner the price of transaction using USDC and Solana blockchain and they were left with their mouth wide open in awe. So much margin is opened up for their earnings and/or consumer savings
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