Why would someone pay with stablecoins when they already have a Visa or Mastercard?

Jess Houlgrave, CEO of WalletConnect, joins me to discuss where stablecoin payments make sense and what is holding them back.

WalletConnect works with around 700 wallets and 80,000 applications, reaching about 800 million end users. Around $400 billion in value moved through the network last year. The company is now pushing further into payments with WalletConnect Pay.

We get into the competition between stablecoins and cards, including the fees merchants pay and the challenge of getting consumers to change how they pay.

Jess explains why stablecoins can work well for cross-border payments and markets where card costs are high. We also discuss whether stablecoins are truly global and whethe ...