Stablecoins are past the experiment phase. Big tech is already using them because they work and have essentially become boring money rails. That said the real opportunity comes next. Stablecoins are the rails, someone has to own the balance (moat); enter the checking account layer. The whole concept of neobanks matter, especially outside the US. When the balance lives onchain, people and businesses can run day to day without touching a bank. Once ACH pull exists then everything changes. That’s the real unlock for stablecoins and the next phase of credit. avici coded(CryptoISO)