--- image: "/images/notes/edison-westinghouse-stablecoins.jpg" title: "Edison vs. Westinghouse, Stablecoin Edition" date: 2025-04-30 url: "https://x.com/ccatalini/status/1917603682969084096" tags: ['stablecoins-payments', 'policy'] deck: "Seize distribution and scale into mainstream payments now — or watch regulators standardize the grid and turn every digital dollar into commodity electrons." tweetCount: 5 likes: 17 reposts: 3 --- Stablecoin players are staring at an Edison-vs-Westinghouse moment: seize distribution and scale into mainstream payments with new features now—or watch regulators standardize the grid and turn every digital dollar into commodity electrons. [@ForbesCrypto](https://x.com/ForbesCrypto) Only banks, fintechs, startups, and platform giants agile enough to execute the right open-payments play—fast and flawlessly—will plug into a web of interoperable assets and rails, staking their claim to an efficient, streamlined slice of the value chain. Unless today's issuers break into mainstream payments and finance faster than incumbents can mint their own coins, stablecoins will be relegated to background plumbing—fast, dependable, and as thrilling as the wire behind your drywall. In that world, the spoils go to those who own the outlets—wallets, apps, and merchant relationships—through which dollars flow. The stablecoin wars end when coins are unnoticed, only outlets matter. And many of those outlets, inconveniently, are already spoken for. Read more at [@Forbes](https://x.com/Forbes): [forbes.com](https://www.forbes.com/sites/christiancatalini/2025/04/29/the-stablecoin-wars/)