Stablecoin Talk on Turkey Day

GM and Happy Thanksgiving!

It’s been a whirlwind few weeks here at Stable Studios—and even the last three days have been a blur of excitement with the launch of the stableminded podcast on Monday.

We’re blown away by your kind words and support, and we couldn’t be more grateful.

If you’re anything like me and Drew, you’re probably the family member who gets labeled as “the one working in crypto.”

It doesn’t matter how many times you explain it—crypto, blockchain, Web3—they’ll still ask, “How’s that Bitcoin job of yours?”

ONBOARDING NEW USERS TO THE
FUTURE OF MONEY MOVEMENT

Every Thanksgiving, many of us find ourselves explaining what we do and the space we work in. This year, I think stablecoins offer the perfect bridge to make those conversations easier—and actually exciting.

I’ve dropped Stripe acquiring bridge for $1.1 billion dollars to some family and friends that are more into tech recently and it definitely caught their attention to learn more about these “stablecoins”.

Another reason I think its an exciting and easy entrance into crypto? Its now as easy as spinning up a venmo account. Its tangible and a non-speculative way to enter the crypto ecosystem

You can show your family how stablecoins work in just five minutes. Demonstrate that sending stablecoins is no different than sending money through Venmo, PayPal, or a bank transfer.

It’s just another way to move money—except it’s faster, more efficient, and doesn’t require a bank.

At stableminded, we believe stablecoins are the future of money movement. So here’s a simple idea for this Thanksgiving:

1. Load up a wallet with $100 (not financial advice, of course) and show your family how easy it is to send money using stablecoins.

2. Let them try it themselves—send them $10 and explain how it works.

3. Remind them how thankful you are for them.

If they’re curious about DeFi and broading crypto trading as a whole, start them with something like Phantom Wallet.

It’s beginner-friendly and offers easy access to the hottest ecosystems like Base and Solana. They can expand their horizons from there based on personal preference.

Everyone has there personal preference when it comes to wallets. I care less about the wallet, and more about onboarding new users.

When I think about other aspects that would influence people to WANT to create a wallet, learn about stablecoins, I think offering incentives akin to cashback and sign-up bonuses like what credit cards offer is crucial.

SELF-CUSTODY WALLET + STABLECOIN PAYMENTS

If you want to take it a step further, introduce them to wallets like Kast, Cypher, or Stables, which include virtual debit cards.

These are incredibly easy to use, letting them spend stablecoins as if it were any other currency. I’ve been testing a few and so far, they’re more enjoyable than even the Coinbase debit card and are picking up the slack of the Coinbase Debit Card.

The Coinbase Debit Card USED to offer 4% cashback in XLM. I was all about taking the extra step to convert some cash for daily spending with stables FOR that extra cashback.

I always enjoyed gaming credit card cash back and signup bonuses (*incentives*) so it was right up my alley.

Then they dropped the rewards to 0.5%.

I went back to my 2% cashback credit card so fast, and there hasn’t been a compelling card funded in stablecoins that made me consider being more intentional in spending stables.

Kast changed that.

Not only does it offer a sleek design and multiple card options, but its rewards program is genuinely interesting—better than what most credit cards offer.

I’ll let you explore the details, but it’s clear that these innovations (*cough* airdrop cough*) are giving stablecoin holders real incentives to spend.

We are not an affiliate or sponsored by Kast in any way.

I (Zach) am just a consumer testing out crypto products I find interesting and are building on the technology I spend hours weekly writing about. I want to share my candid feedback on products like the card and give credit where credit it due.

So far I like the Kast card alot, I’m incentivized to use it and am excited to get the metal card. If your into Solana, they also run their own validator and offer 100% MEV Kick back. Check it out.

I debated sharing a referral link in here and opted not to. If you would a referral link to get a 20% discount on any of their cards + a points boost for us, just reply to this email (or DM me over social media) and Ill shoot that link over.

Otherwise, here’s my Thanksgiving challenge to you:

• Invite your family and friends to download a web3 wallet.

• Send them $10 in stablecoins.

• Help them spend it with a stablecoin funded debit card.

It’s a small gesture, but it could spark curiosity—and help onboard the next hundred million users into crypto.

And if you’re already onchain and using stablecoins daily, or maybe considering cashing out on a position for holiday expenses, try loading them onto a stablecoin funded debit card instead of off-ramping to your bank.

Try new products

Support builders.

You might just find a wallet that you like using more than your bank account and offers better cashback incentives.

Enjoy the time with your family, savor the turkey, and stay stable this holiday season.

Thanks for all the love and support for stableminded.

As always,

Stay Stable.

Zach

STABLEMINDED SEASON 1 PART 1 OUT NOW

If you do find yourself in the car or traveling for the holidays, check out the podcast on Spotify and Youtube.

*The content of this newsletter is for information purposes only and does constitute financial, investment or legal advice. Always consult with a qualified financial advisor before making any decisions based on the information discussed in this episode or show.