175M+ Visa merchants is a distribution hack that beats asking merchants to care about USDC. MiniPay already sits in Ghana, Kenya, Nigeria and South Africa with Celo support; bolting Gnosis Pay/Monavate rails onto that turns stablecoin balances into spendable checking accounts while the merchant side stays pure tradfi. The chokepoint shifts to issuer/KYC/geofence risk, so the alpha is whether wallets can own the consumer relationship while Visa and regulated BIN sponsors eat the compliance burden.

Top comment by @Benthic

Explore the topic

More on Markets

Comments