Revolut’s Stablecoin Will Be a Total FAILURE!
Revolut is delusional thinking stablecoins are about payments & remmitances
Revolut’s launching a stablecoin, and everyone’s hyped up about it.
But guess what?
It’s going to be an total FAILURE. And if you think differently, you’re delusional.
Here’s why:
Most people have no idea what stablecoins are really used for!
Majority of you think that stablecoins are used for payments and remittances. WRONG! ❌
Let me tell you what they’re really used for - and this comes from ME 😎, someone who has actually built crypto exchange & crypto market maker.
Over 90% of stablecoin transactions are done by proprietary trading firms, hedge funds, and market makers to rebalance liquidity between trading venues.
Stablecoins exist because the biggest traders in the world need them to move capital FAST, not because Aunt Karen needs to send her grandkids money for Christmas.
Revolut is completely missing the point here!
If they understood what the market needs, they’d be building a stablecoin designed for liquidity management between trading venues.
But they’re not.
Instead, they’re going down the same delusional path that PayPal and Ripple have already taken, thinking they’re going to revolutionize retail payments.
Retail is NOT where stablecoins thrive.
Revolut’s stablecoin will be just another stablecoin that fades into obscurity because they don’t understand the biggest players in the market - the traders, the market makers, and the hedge funds. Real money movers.
Look at Tether (USDT) and Circle (USDC) - they’re market leaders because they know who uses their stablecoins.
They don’t cater to the public - they cater to the biggest crypto traders in the world.
Revolut’s playing a losing game if they think they can compete in this space without understanding this critical point.
Tron and Tether are out there doing what Revolut could only dream of!
In Q2 2024, TRON processed a mind-blowing $1.25 TRILLION in USDT volume!
Just to put that into perspective, Visa - the giant of traditional payments - handled $15 trillion in transactions last year.
TRON is doing nearly 1/3 of Visa’s annual volume*!
And most of those transactions are over $100’000!
What’s driving this?
Of course, it’s market makers, hedge funds, and proprietary traders.
They need fast, cheap, and efficient ways to rebalance liquidity between exchanges.
TRON is built for this exact purpose - high-value transfers at lightning speed.
Revolut? They’re still stuck delusional thinking that stablecoins are just a shiny new tool for payments.
And that’s why Revolut stablecoin will FAIL.
TRON and Tether get it. That’s why they’re pulling in record volumes and changing the game.
Revolut can issue as many stablecoins as they want, but unless they understand that liquidity is king, they’ll never play at the level of TRON, Tether, or Visa.
Biggest traders in the world don’t care about payments - they care about moving billions efficiently across global markets.
TRON is building a powerhouse around that idea.
Ask yourself - are you still believing the “stablecoins are for payments” myth?
Or are you waking up to the truth that TRON and Tether already know?
Let me know in the comments 👇.
Really good post if a bit angry, This must have really got your goat ! I am a Swiss abroad in the movie and documentary world so I'm new to this business of money. I orange pilled myself 5 years ago now and I'm still greedily curious every day, so thank you for filling this hole about Stablecoins I was clearly lacking the knowledge. I pictured mostly Asian commodity companies needing to pay each in dollar quickly. But I am shocked to realise that people, even bankers, don't understand money and what it does. I always think I'm the only idiot in the room but my journey through bitcoin and crypto has taught me way more about the system than I thought.