In the same way that visa/MasterCard/other credit card companies and payment processors have become the primary means by which we spend money on the internet, stablecoins are likely to occupy a similar role between us and our money.

I wonder though how long they will remain useful: if they bend the knee to regulators, their big edge on tradfi (being faster and easier because they aren't as heavily regulated) goes away. So what will be their edge vs normal payment processors?