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
- 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.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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