Stablecoins, payments, and why creating content matters

GM GM,

This is a first for me, but I am dropping my second newsletter this week.

The reason is because my good friends over at Coast released a podcast recording of The Delta I did with the Co-Founder’s Rustin Cavel and Dan Durning.

On The Delta, we explored how blockchain payments—specifically stablecoins—are reshaping everything we know about global transactions, payments, and even financial inclusion. You can check it out here:

Or Here’s the gist of the podcast:

From Mortgage Loans to Blockchain Obsession: My Personal Journey

I never set out to work in Web3, let alone become obsessed with stablecoins. My background? Traditional finance. Mortgages, to be specific. I saw firsthand how slow, expensive, and inefficient the loan underwriting process was. Even something as basic as transferring funds between banks could take days.

Then, a lightbulb moment: I discovered blockchain. Suddenly, a world where loans could be closed in three days, not three weeks, didn’t seem so far-fetched. That’s when I fell into the crypto rabbit hole—and the deeper I went, the more it became obvious: stablecoins aren’t just a solution, they’re the solution to many of the problems we face in finance today.

Stablecoins: The Sleeper Hit of the Blockchain World

Stablecoins were never designed to be the stars of the show. Originally, they were just supposed to make it easier for traders to move in and out of crypto without all the volatility. But, as we talked about on the podcast, they’ve evolved into something much bigger.

• Faster and Cheaper Payments: Imagine wiring money across the world in seconds, without the middleman. No more “3-5 business days” nonsense. This isn’t just about convenience—it’s about rethinking how money should move.

• Banking the Unbanked: We often take it for granted, but millions of people around the world don’t have access to banks. With just a smartphone and a stablecoin wallet, they can store, transfer, and access their money without ever needing a bank account.

Are Stablecoins the Future of Global Payments?

We explored a big question: Is this the future of payments? Will we eventually see Cash App or Venmo integrating with blockchain, allowing us to move stablecoins the same way we send money today?

One thing’s clear: stablecoins are the unsung heroes of the blockchain revolution. Whether it’s international payments, cross-border team payrolls, or providing financial services in regions where banking infrastructure is scarce, stablecoins are becoming the backbone of the new digital economy.

But here’s where it gets interesting: stablecoins are not just about moving money anymore—they’re also generating yield.

The Yield-Bearing Power of Stablecoins

Let’s talk about yield-bearing stablecoins for a second. In traditional finance, you’d park your money in a savings account and get what? Maybe 0.5%, if you’re lucky?

Now, imagine earning 4-6% just by holding a stablecoin. That’s the power of yield-bearing assets like USDM or USDL. By buying U.S. treasuries and passing along the interest to users, stablecoins are turning into money printers—and in some cases, even beating the returns of traditional banking products.

In fact, Tether is reportedly making millions per day just by investing in bonds and keeping the difference. That’s what makes stablecoins such an intriguing financial tool—not just for payments, but for wealth generation.

But Is It All Risk-Free?

Of course, with great reward comes some risk. Stablecoins have faced their fair share of controversy—depegging being the big one. We’ve seen projects fail. But we’ve also seen USDC, Tether, and others weather storms (like the collapse of Silicon Valley Bank) and come out stronger.

Ultimately, the conversation comes down to trust. Do you trust the code? Or do you trust the banks?

What’s Next?

If you’ve been sleeping on stablecoins, now’s the time to wake up. Whether you’re in the U.S. or overseas, they’re quietly transforming how money moves, how we bank, and how we generate and manage our finances.

This episode is packed with insights on how stablecoins are evolving, why they’re crucial in the global financial landscape, and where things are heading next. If you want to understand why stablecoins are about to become the backbone of blockchain payments, you’ll want to check out this episode.

Thanks for reading and stay tuned for more insights into how blockchain is changing the way we think about money.

Until next time,

Zach Fowler

P.S. Don’t forget to hit reply if you have any questions or thoughts—I’d love to hear about what you want me to write about

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