Payment Rails

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David Sacks: Companies are going to feel much more comfortable adopting stablecoins
CNBC Television· 2025-07-15 19:00
Stablecoin Usage - Stablecoins are used as the base pair for almost all crypto exchanges, facilitating entry and exit from crypto [1] - Merchants are increasingly using stablecoins to accept payments [1] - Stablecoins offer faster, smoother, cheaper, and global payment rails based on blockchain technology [1] Regulatory Impact & Adoption - Explicit authorization of stablecoin issuance and adoption is expected to expand their use [2] - Companies like banks, Visa, and Mastercard are likely to become more comfortable adopting stablecoins with an approved legal framework [2] Potential - Stablecoins are emerging as a new payment rail for the 21st century [2]