Fuse CEO Mark Smargon says blockchain payments apps will rival Visa, not Ethereum
Smargon described that the payment networks technique involves looking beyond investments to focus on daily use cases like payments, which will likely bring more sustainable adoption. In spite of the objective, Smargon stated the trouble in convincing individuals and investors that services would embrace blockchain payments when starting Fuse in 2019. Whats more, the boost in freelancers from establishing markets who are paid in cryptocurrency and the use of cryptocurrencies for cross-border payments have actually been among other drivers leading Web3 payment adoption.
Smargon discussed that the payment networks method includes looking beyond financial investments to focus on daily usage cases like payments, which will likely bring more sustainable adoption. Regardless of the objective, Smargon recounted the problem in persuading individuals and investors that organizations would embrace blockchain payments when starting Fuse in 2019. Whats more, the increase in freelancers from establishing markets who are paid in cryptocurrency and the use of cryptocurrencies for cross-border payments have actually been amongst other catalysts spearheading Web3 payment adoption.