Everyone is commenting on how stablecoins are already failing everywhere. Here's the thing, it's not about the stablecoins. Whether [big bank] decides to release their own stablecoin is irrelevant. That's the smaller scale impact of stablecoins. The big scale? The rails stablecoins operate on. THIS is what changes everything. It changes how we've known money for the last few decades. Changing the payment rails across finance means instant, programmable settlement that turns money into code. Historically, every transfer, ACH, wires, SEPA, card settlement, moves through layers of banks, clearing houses, people, and reconciliation steps. It works, but it’s slow, limited to business hours, and full of operational friction. Imagine we remove all of this friction. Imagine money moves 24/7. Imagine automatic rules and payments. This is all possible on stablecoin rails. Iron (by MoonPay) specializes in this. Think bigger, ya'll.
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Iron is amazing! 🤩 so excited to see it roll out!