$USDC The current payment landscape is dominated by gatekeepers who charge high fees that reduce the profitability of every business they touch, justifying these fees in the name of ubiquity and convenience — while stifling competition and limiting the creativity of builders.

Stablecoins can do better.

Stablecoins offer lower fees, more competition among payment providers, and greater accessibility. Because stablecoins reduce transaction costs to nearly zero, they can free businesses from the friction of existing alternatives. Adoption will begin with businesses that are most adversely affected by current payment options, a process that would destabilize the payments industry.