Stablecoins Hit a Tipping Point | Solana Payments GM Jamal Raees

Solana's GM of Payments Jamal Raees on where stablecoins actually create value, and where they don't:

"A lot of people generically and blanketly prescribe stablecoins to solve world hunger and solve cancer and whatever. Stablecoins are very, very valuable, but they're particularly valuable in certain segments...

You're starting to see more stablecoin activity onchain in places like FX, in places like payment automation, in places like escrow, and those unique areas are where we start to deliver tangible value very quickly.

I think we need to dig in and find those areas and build with those builders."

— Jamal Raees, GM of Payments at the Solana Foundation on @stabledash with Drew Rogers