Stablecoins can disrupt the current payment model by providing a horizontal layer for building services, enhancing competition and reducing fees in the payment industry.

The current payment infrastructure is outdated, having been established in the 1970s, and needs to evolve to compete with modern blockchain capabilities.

Stablecoins can facilitate faster and cheaper transactions, allowing users to earn interest on their funds immediately, unlike traditional banking systems that impose delays and fees.

For innovative businesses, integrating stablecoins can simplify payment processes and reduce reliance on traditional financial institutions, presenting a significant opportunity.

Stablecoins have emerged as a promising application in crypto, with the potential to reshape international remittances and point-of-sale payments.

The first use cases of stablecoin payments are happening now, varying by geography and user demographics. In the US, wealthy users prefer credit cards for their rewards, while payment service providers like Stripe are incentivized to switch to crypto rails to offer better products and higher fees.

Stablecoins are blockchain-based systems that allow users to transact without intermediaries, reducing costs and increasing efficiency in payments.

The U.S. payment system is generally efficient, but there are inefficiencies in cross-border transactions that need to be addressed, particularly with real-time payment systems.

Stablecoins can provide a global system of accounts, enabling trustless transactions without relying on traditional banks, which often impose high fees and delays.