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Stablecoins Face Checkout Hurdles, Not Tech Limits
PYMNTS·
Despite robust technological infrastructure and deep liquidity, stablecoins are hindered by a lack of trusted payment experiences, according to WalletConnect CEO Jess Houlgrave. She stated that the technology is ready for scaling, with significant development occurring over the past 18 months. The primary challenge lies in user adoption and confidence in the checkout process, rather than the underlying blockchain or token mechanics. Addressing this user-facing friction is now crucial for stablecoins to achieve widespread payment adoption and overcome their current limitations.
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fintech
crypto
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PYMNTS — pymnts.com