The ‘stablecoin sandwich’ is dead: Why the next phase of crypto payments is all about the user relationship
The ‘stablecoin sandwich’ is dead: Why the next phase of crypto payments is all about the user relationship
2026-03-01
The real competitive advantage in stablecoins, the moat that holds competitors at bay, now lies in the distribution held by incumbents, according to the person behind Meta’s abandoned Diem token.