Stablecoin cards are booming, but who makes money when you swipe?
Someone paying for lunch with a stablecoin card doesn't need the restaurant to know what USDC is. The card works like any other at the terminal, with the customer's digital dollar balance funding the purchase while the merchant receives regular dollars through its usual payment provider. That leaves several companies to collect fees for connecting… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- Stablecoin cards are booming, but who makes money when you swipe?.
- Someone paying for lunch with a stablecoin card doesn't need the restaurant to know what USDC is.
- The card works like any other at the terminal, with the customer's digital dollar balance funding the purchase while the merchant receives regular dollars through its usual payment provider.
Someone paying for lunch with a stablecoin card doesn't need the restaurant to know what USDC is. The card works like any other at the terminal, with the customer's digital dollar balance funding the purchase while the merchant receives regular dollars through its usual payment provider. That leaves several companies to collect fees for connecting… Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Read Complete Original Article
Published originally on CryptoSlate
Related News
BlackRock's Bitcoin ETF shares represent economic claims, not direct Bitcoin ownership. - Pluang
BlackRock's Bitcoin ETF shares represent economic claims, not direct Bitcoin ownership. Pluang
Arbitrum Courts European Investors Managing €800 Billion With New Revenue Pitch
TL;DR: Arbitrum representatives have presented the network’s infrastructure and revenue model to European financial institutions managing substantial assets. The meetings should not be confused with confirmed investment commitments to ARB. Arbitrum is increasingly pitching itself as a blockchain infrastructure business rather than simply another cryptocurrency ecosystem. During institutional meetings reported on October 16, representatives discussed the network’s commercial potential with Europe
Bitcoin Price Analysis: Will BTC Lose the $80K Support Next Week?
Bitcoin is hovering near $81.5K as repeated tests of nearby demand keep buyers under pressure. The broader ascending structure remains intact, but fading rebounds suggest that a stronger response is needed to prevent a deeper correction. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, BTC has continued to retreat following its rejection from […]
Rich on Paper, Locked Out in Reality: Why These 'Millionaires' Are Empty-Handed - Benzinga
Rich on Paper, Locked Out in Reality: Why These 'Millionaires' Are Empty-Handed Benzinga
All Information In One Place
Real-time headlines from trusted sources. Get the app now — stay updated, inspired, and ahead with breaking news!
