Flash News
Stable currency market competition from issuance to distribution capacity
Wu said it had been informed that, according to pymnts analysis, stable currency market competition was shifting from distribution scale to distribution capacity, and banking relations, payment networks, wallets, commercial entry and business software were becoming a new core competition. As Visa, Stripe, Samsung and others increase their stable currency set-up, the issuer will need not only to expand the flow, but also to compete for channels that can truly reach users and facilitate transactions. New models such as Open USD, which attempt to stimulate the distribution of partners by sharing the benefits of reserves, show that the stable currency competition is moving from “who issues the token” to “who controls the access point”。
