In today’s briefing:
- Stablecoin I: Mainstream Opportunities
Stablecoin I: Mainstream Opportunities
- Recent legislations in major economies have propelled the mainstream adoption of stablecoin. While offshore use of stablecoin has been centered around crypto trading and informal economies, we believe the regulated stablecoins present two key opportunities: “open-source digital wallets” for payments and “open clearing houses” for settlements.
- Digital wallet payment solutions built around stablecoin have a much lower bar than building a web2 digital wallet company, in both technology and commercial terms.
- In developed economies dominated by credit cards, stablecoins could drive a new wave of digital wallet adoption, potentially capturing significant market share.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
