Stablecoins are gradually entering the mainstream economy, but the question of their real utility for users remains.
Stablecoins and Traditional Finance
Stablecoins are becoming popular thanks to major companies like Visa and Mastercard announcing stablecoin-linked cards. However, the real usability of these tools remains questionable. Many operations with such cards do not provide users with tangible benefits compared to traditional finance. For instance, using Tether (USDT) in a supermarket yields the same outcome as using a US dollar.
Innovations Outside the Financial System
While some solutions focus on integrating stablecoins into the traditional financial system, projects are emerging that address real financial issues. For example, services like MiniPay and Strike allow users to bypass high fees and the slow pace of traditional transfers by using stablecoins for international payments and subscriptions.
The Future of Stablecoin Usage
Stablecoins have the potential to fundamentally change the approach to payments; however, it is crucial to focus on the real benefit for people, especially for those lacking financial services. Developing user-friendly solutions that enable users worldwide, regardless of their financial status, to seamlessly use stablecoins is essential.
We need to focus on developing stable solutions that would assist those who lack access to the traditional banking system, thus creating new opportunities for everyone.
