Stablecoins should be the funding layer behind cards, not replace cards

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The more realistic path for stablecoins in consumer payments is to use card networks to handle merchant acceptance, making stablecoins the funding layer behind cards rather than replacing the checkout experience. Paymentology CTO Tim Joslyn noted that 42% of stablecoin holders want to use them for large purchases, but only 28% actually do so. Stablecoins can fund cards without users noticing. Their advantages are more likely to emerge in cross-border money transfers: operating 7 days a week, 24 hours a day, while in the future a single card could also connect to multiple balances, including checking accounts, lines of credit, and stablecoins.