From theory to WTF: My first time using stablecoins
AI summary of the linked articleThe author, a San Francisco resident who describes themselves as moderately tech-savvy, reports that their first attempt to send a crypto transfer took 75 minutes and ended with a tiny amount of Ethereum being sent instead of USDT. They conclude that stablecoins are far from usable for average consumers, arguing that the poor user experience will prevent adoption until it is drastically improved. They suggest that the more realistic near-term promise lies in institutional rather than retail use, and that the industry must prioritize usability and a stable regulatory framework. |
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