Anyone who's building a stablecoin wallet needs to have a card connected to it if they want consumers and businesses to be able to have that value held in the wallet spent in the real world. This integration between crypto infrastructure and traditional payment networks enables practical utility for stablecoin holders seeking real-world transaction capabilities.
When businesses decide to engage with crypto, they quickly discover the landscape is fragmented across numerous blockchains. If they want to move assets between different chains, they must often rely on a technology called bridging that can prove insecure and expensive. Philipp Zentner, cofounder and CEO of LI.FI, created his company to address these issues. The startup provides businesses with price comparisons of exchange rates and bridging fees. It also aims to find businesses the most efficient and cost-effective pathway for each transaction.