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Stablecoins Are 'WhatsApp Moment' for Money Transfers, a16z Says

Summary by Coin Desk
Remember the old days when calling or sending a message via text outside the country cost money? With the help of modern messaging apps like WhatsApp, paying for cross-border calls and texts is now obsolete. For money transfers, stablecoins might do just that: democratize the payments industry by eliminating historical gatekeepers, says venture firm Andreessen Horowitz (a16z)."Just as WhatsApp disrupted costly international phone calls, blockcha…

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a16z crypto broke the news in on Wednesday, April 9, 2025.
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