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ac
a16z crypto Cast
05/24/25
@ a16z crypto
Stablecoins are blockchain-based systems that allow users to transact without intermediaries, reducing costs and increasing efficiency in payments.
Video
ac
Crypto’s Killer App? Why Everyone’s Really Into Stablecoins Right Now
@ a16z crypto
05/24/25
Related Takeaways
ac
a16z crypto Cast
05/24/25
@ a16z crypto
Stablecoins can provide a global system of accounts, enabling trustless transactions without relying on traditional banks, which often impose high fees and delays.
SB
Sam Broner
05/24/25
@ a16z crypto
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.
ac
a16z crypto Cast
05/24/25
@ a16z crypto
Stablecoins represent a significant evolution in the financial system, allowing for new products and services that were previously too complicated or costly to implement.
ac
a16z crypto Cast
05/24/25
@ a16z crypto
Stablecoins can disrupt the current payment model by providing a horizontal layer for building services, enhancing competition and reducing fees in the payment industry.
ac
a16z crypto Cast
05/24/25
@ a16z crypto
Stablecoins offer a way to bypass the regulatory lock-in that traditional institutions have, enabling more direct and efficient access to financial services.
RH
Robert Hackett
05/24/25
@ a16z crypto
Stablecoins have emerged as a promising application in crypto, with the potential to reshape international remittances and point-of-sale payments.
ac
a16z crypto Cast
05/24/25
@ a16z crypto
In lower-income or high-inflation countries, people want to hold stablecoins directly and use them for payments. We need to create a user-friendly experience that integrates stablecoins into existing systems, similar to how Skype allowed users to call landlines from their computers.
ac
a16z crypto Cast
05/24/25
@ a16z crypto
For innovative businesses, integrating stablecoins can simplify payment processes and reduce reliance on traditional financial institutions, presenting a significant opportunity.
ac
a16z crypto Cast
05/24/25
@ a16z crypto
The whole point of stablecoins is to remove the ability for investors and entrepreneurs to extract value, which is beneficial for the world and for blockchains.