$425.76
24h
+1.30%
13 Aug, 14:22
Traditional payment rails absorbing stablecoins
Bullish+18.16%
AI Summary
The author is bullish on infrastructure connecting stablecoins with real-world payments, highlighting Solana, Circle, and Visa as key beneficiaries of growing stablecoin adoption.
Stablecoins already move fast onchain. The bigger opportunity now is making them usable everywhere else.
recently, @MoneyGram Ramps went live on #Solana.
with one API, Solana wallets/apps can connect to cash-in across 25+ countries and cash-out across 170+ countries & territories.
Meanwhile, @Visa already has 130+ stablecoin-linked card programs across 50+ countries, with stablecoin settlement at around a $7B annualized run rate.
@stripe also expanded stablecoin payments to 32 more markets and stablecoin-backed cards to 30 countries this year.
Stablecoin transfer volume is already huge, but not all of it comes from real-world payments. A significant share still comes from DeFi, liquidity, and exchange flows.
What interests me more is the infra connecting stablecoins with real-world usage:
stablecoin → wallet → card / checkout / cash → real life
As stablecoin adoption grows, a few names I’m watching:
> solana:So11111111111111111111111111111111111111112 / @solana
MoneyGram Ramps brought a global cash network into Solana. An indirect bet on Solana growing as a payment rail.
> $XLM / @StellarOrg
MoneyGram built cash on/off-ramps on Stellar before Solana, and MGUSD was also issued natively on Stellar.
> $CRCL /@circle
Circle is now public on the NYSE. More direct exposure to the company behind USDC and stablecoin infra, though it’s not a crypto token.
> $V / @Visa
another angle: instead of betting blockchain replaces the old system, the bet is that traditional payment rails absorb stablecoins.
large payment companies integrating stablecoins matters just as much as a new CT narrative.
if this keeps scaling, i think the networks and companies between onchain money + real-world distribution will be among the most interesting to watch.
DYOR.