TLDR · MISCELLANEOUS

EXPLORING A STABLECOIN BANK

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Summary from the TLDR newsletter

A stablecoin network could drop payment fees to essentially zero. Merchants attempting to avoid credit card processing fees is not a new concept, but the problem is in getting customers to switch their payment methods. It is possible to shift customer behavior under the right conditions. The potential market for cheaper, faster, and more efficient payment methods is clearly strong - this article discusses how a brand-new stablecoin bank could be used to align incentives to get everyone on board.