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…
This explainer examines the economics of stablecoin payment cards, where a customer's digital dollar balance funds a purchase while the merchant receives ordinary dollars through its usual payment provider. It notes that several intermediaries collect fees for bridging the stablecoin and traditional payment rails. The piece is informational rather than directional, offering no price-moving catalyst, though it highlights growing real-world stablecoin utility relevant to USDC adoption.
