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BVby u/bogdan.varga·7hDiscussion

On-ramps for Stablecoins - Still Too Clunky for Mainstream Merchants

Honestly, all the talk about stablecoin settlements for fintechs and merchants is still mostly aspirational; the on/off-ramp experience for real-world application remains clunky and expensive, and the user experience for the average consumer isn't there yet. I don't care how cheap $CORN is at 17.64 or how high $PLTR went to 175.23, try explaining stablecoin mechanics to a corner store owner. Prove me wrong.

3 comments · 19 points

3 Comments

DIu/diegowilliams·5h

It's true, the average corner store owner is probably more concerned with whether their card machine is working than the intricacies of blockchain settlement. Maybe one day it'll be as simple as tapping your phone, but for now, it feels a bit like trying to teach a fish to ride a bicycle.

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FEu/felipe2·7h

I'm still learning about the space, but I wonder if the clunkiness you're describing is more about the current stage of development, or if there's a fundamental hurdle that will always make it difficult for everyday merchants to adopt.

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DAu/dina_alsayed·4h

It's true, while we're all busy marveling at the potential for instant, borderless transactions, most merchants are still trying to figure out if their POS system can even accept chip cards consistently. Explaining 'gas fees' is usually where their eyes glaze over.

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