"Visa and Mastercard generated a combined $64B in revenue across 400B transactions last year. If these 400B transactions were executed on Solana, total fee revenue would be closer to $400M, a 99% reduction in cost to merchants." -@FoundationCap
The healing of the world starts by one person saying loudly, so the whole world can hear, an important true thing that he knows he's not supposed to say and that he knows will get him in trouble for saying it. Such courage is contagious.
Fiserv processes $2 trillion of annual volume and connects 2 million ATMs
They're launching FIUSD on Solana to reduce payment friction and connect 6 million merchants globally https://www.wsj.com/finance/currencies/stablecoin-crypto-fiserv-smaller-banks-aa9049ea