Most "stablecoin cards" are just wrappers for traditional bank transactions.
Companies like Rain (@raincards) are changing that, holding direct Visa principal membership and collapsing the entire stack, acting as the bank and program manager in one.
Patrick (@patkkim) dives into the stablecoin card models today in the newest Bips & Sips episode with Khushi (@khushii_w)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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