#Stablecoins #DigitalMoney #Crypto #Cryptocurrencies #Blockchain: "The stablecoin wars, like the battle for home video, will not be decided by better tech or incumbency, but by the applications. While regulators can make it significantly harder for innovators to compete, they will not be able to stop them forever. In the end, the most likely outcome is one with many stablecoins that fade into the background and deliver lower-cost, faster payments to the world. That would be a victory for consumers and businesses alike, even if not for the existing stablecoin issuers — which may be acquired by banks.
When that happens, it will not end the battle for the control of our digital wallets. The same companies will all still fiercely compete to own the “pay with” experience. Credit card companies will fight hard to retain the pay with Visa or Mastercard flow, which might be fine with the banks. So it will be up to the leading neobanks and crypto exchanges to try something truly novel, and they may be the ones that actually succeed at changing the game."
https://hbr.org/2024/08/the-race-to-dominate-stablecoins?ab=HP-hero-latest-text-1