Matthias Gall is looking forward to the disruptive potential of the Apple Card.
In the Apple Keynote in on March 25th, Apple announced its very own credit card. It will be using the Mastercard scheme and will be issued in cooperation with Goldman Sachs.
As of now, Apple is an established player in the payments space. Their payment solution Apple Pay serves more than 252 million estimated users globally.
Mark Caruso gives his opinion on what role stablecoins will play in the emoney sphere.
Definition: “Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some “stable” asset or basket of assets. A stablecoin can be pegged to a currency, or to exchange traded commodities (such as precious metals or industrial metals). Stablecoins backed by currencies or commodities directly are said to be centralized, whereas those leveraging other cryptocurrencies are referred to as decentralized” – Wikipedia
Stablecoins by their nature aren’t necessarily a new invention to the financial world. Their basic characteristics have already been described in the first Electronic Money Directive (2000):
Since those times, worldwide payment habits have aligned with each other a bit. But technological disruptions have different impacts in different countries. And the global financial system cannot complain about a lack of disruptive tech.