Haseeb Qureshi, managing associate at Dragonfly, acknowledged that cost playing cards powered by stablecoins will change into a key improvement within the crypto business in 2026.
He stated these playing cards mix blockchain effectivity with a cost expertise that feels acquainted to shoppers.
In a submit on X, Qureshi shared his outlook that the approaching 12 months will see cryptocurrency extra deeply woven into on a regular basis funds worldwide.
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His feedback adopted the information that Rain, a startup providing stablecoin-linked playing cards, raised $250 million in funding. The spherical elevated the corporate’s valuation to virtually $2 billion.
Qureshi remarked that “stablecoin playing cards are rising like loopy, in every single place on the planet”.
In response to Qureshi, Rain represents a shift in how blockchain is being built-in into monetary methods. He defined that customers typically do not know their transactions depend on crypto expertise.
Nonetheless, not everybody shares the identical optimism. Sheel Mohnot, basic associate at Higher Tomorrow Ventures, argued that stablecoin funds will compete with conventional playing cards in developed markets.
He famous that they presently lack a devoted buyer base and clear causes for retailers to change.
Moreover, Pantera Capital investor Mason Nystrom famous that stablecoin transactions present companies with instant settlement, sooner entry to funds, and safety in opposition to chargebacks.
In the meantime, the Neighborhood Bankers Council of the American Bankers Affiliation lately urged Congress to amend the GENIUS Act. What did they are saying? Learn the total story.
