You won’t want to miss this week’s episode with
@alfongj co-founder of
@crossmint.
We discuss:
- Humans Will Not Decide How They Pay. Their Agents Will
- Why Every Country Suddenly Needs a Stablecoin Strategy
- The Real Reason Remittance Firms Are Adopting Stablecoins
- The End State For Money As Bitcoin
Backed by
@RibbitCapital and partnered with firms like Western Union, Robinhood, Fomo, and more, you will want to hear directly from Alfonso about what the largest firms are working on for stablecoin adoption.
1. Consumers Will Not Choose Stablecoins. Their Agents Will.
Human’s will mostly not adopt stablecoins, but agents will adopt the cheapest and fastest payment technology without human intervention.
2. "Maybe at Some Point It's All Bitcoin"
Three or four stablecoins likely coexist for five to ten years, each big network minting its own on top, and then maybe it is all bitcoin. His reasoning: machines doing all the payments have no attachment to the dollar, and bitcoin is the most neutral asset available what it lacks today is payment connectivity, which is exactly what stablecoins have. But there’s no reason bitcoin won’t get there over time.
3. Nobody Wants to Pay in Stablecoins, But Fintechs Want to Adopt Them
Few consumers chose stablecoins. They are a back-end technology, Visa settles in them, MoneyGram is rebuilding its core on them, while the user sees a card and dollars.
4. Why Governments Went 180
Stablecoin issuers became one of the biggest buyers of US debt, and became strategically important overnight. The US passed GENIUS, Europe answered with MiCA. Every country needs a plan, or will be overtaken by USDC.
5. The Real Reason Remittance Firms Are Switching
Money held in stablecoins earns yield on the float 100% of the time instead of only while it sits on your books (roughly 3x the yield revenue, in his example), and one integration replaces about 200 vendor relationships for global cards and savings.
6. Who Takes the Liability When Your Agent Gets Prompt-Injected?
The money is yours, the agent was deployed by someone else, and the model behind it can be tricked into wiring funds to a stranger. The primitives are arriving: virtual cards locked to a vendor or amount, the same limits on stablecoin wallets, insurance next.
Full episode below
Consumers will not choose stablecoins. Agents will.
@alfongj, co-founder of
@crossmint joins Final Settlement to discuss the forces driving top down stablecoin adoption, agents using money as back-end technology, and stablecoins as a national strategic priority.
Pod links below