Stablecoins has made significant advances in mainstream adoption.
The USDC publisher circle’s blockbuster IPO and Genius Law stabilized it to become law in the US in July.
Currently, small and medium-sized U.S. businesses are investigating how technology can reduce payment processing fees, the biggest expense.
According to a survey by the Nilson Report, in 2024, the retailer’s processing fee was a record $187.2 billion. These charges are collected from credit card swipes and mobile phone payments.
“If the credit card transaction fees are employees of my business, they will definitely be the highest employee,” said Wade Preston, co-founder of Prevail Coffee Roasters.
Preain has four locations between Alabama and Georgia, testing a new payment app that allows customers to pay with Stablecoins on the register.
The goal is to reduce the processing fees for sellers and provide nearly internal receipt of payments.
“Stubcoin has a huge potential. It should disrupt today’s traditional payment space to some extent with credit and debit cards,” says Doug Cantor, general counsel for the National Association of Convenience Stores. “It promises faster, cheaper, more efficient, and frankly, more convenient transactions for consumers and businesses.”
Watch the video above to learn how Stablecoins learns how customers shop in their favorite US business.
