Stablecoin legislation will put cost pressure on the payments system, says Jan Van Eck (youtube.com)
The CC system is expensive, so everyone will use crypto to save costs, no intermediary, Uber talking about using it. This may affect brandname banks. Anyone can come into the market, there'll be a lot of superapps. Other countries, where the banking system is less trusted than the US, will perhaps flock to this alternative (if their governments don't outlaw it).