Borderless Venmo
Stablecoins are one of the few areas in crypto where end users receive value, other than speculation This wasn’t always the case, but for years people speculated that it would be the holy [grail of internet currency.](https://news.ycombinator.com/item?id=14026339) Now that TVL is in the hundreds of billions, and volume in the tens of billions, [governments](https://news.ycombinator.com/item?id=29071895) and [the fed](https://news.ycombinator.com/item?id=30167748), are realizing that there’s actually something here. Stablecoins will disrupt many…
What it does
In the maker’s words, at launch
Stablecoins are one of the few areas in crypto where end users receive value, other than speculation This wasn’t always the case, but for years people speculated that it would be the holy [grail of internet currency.](https://news.ycombinator.com/item?id=14026339) Now that TVL is in the hundreds of billions, and volume in the tens of billions, [governments](https://news.ycombinator.com/item?id=29071895) and [the fed](https://news.ycombinator.com/item?id=30167748), are realizing that there’s actually something here. Stablecoins will disrupt many ways of value transfer, the area we’re focused on, and sharing with you all today, is making it easy to send to anyone. Users don’t need a wallet address to receive funds, gas for tx costs, low fees to on/offramp and can go from bank account to bank account — in over 40 countries. Let us know what you think!
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