Why stablecoins?
The promise of crypto has always been to bank the unbanked. There’s billions of people who don’t have access to basic savings and spending products and blockchains can change that.
We’ve been saying that for 15 years and haven’t come close to delivering on the promise yet. Crypto is still primarily just an investment vehicle for rich people. BTC and ETH are too new and volatile for billions to trust it for saving and spending.
There’s a massive opportunity for mobile apps that are natively onchain and stablecoin first to finally deliver on the promise. Many great teams are starting to in South America, Middle East, South East Asia, Africa, etc but we are in the first inning 🚀