Stablecoins remain a significant topic, especially for institutions as they navigate towards potential US legislation in the next 30-45 days. The essential question posed by Foresight Ventures is how well stablecoins will integrate into the financial system. Currently, stablecoins primarily function as a transient bridge during transactions, likened to a 'stablecoin sandwich.' Mass adoption might hinge on users choosing to hold stablecoins instead of converting back to fiat, a trend likely to flourish in regions such as Central and South America and parts of Asia. However, Foresight identifies three main obstacles to widespread usage: regulatory uncertainty, user experience, and compliance issues. It underscores that collaboration between emerging startups and established distribution channels is crucial to overcoming these barriers. Web3 payment startups are increasingly leveraging existing infrastructures, allowing users to transact using both fiat and crypto, thereby fostering trust and addressing initial adoption challenges.

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