Articles about crypto from the HOPPA blog: embedded finance insights, guides and analysis.
A stablecoin card is an off-ramp wearing a card's clothes. Every transaction is a conversion, the merchant never sees a token, and the conversion is where the economics sit.
Every payments vendor has crypto rails this year. Three years ago almost none would say the word. That is a fact about supply, and the volume figures tell a different story.
Inside the EU the licences exist and the tokens mostly do not. Twenty-three authorised issuers, no asset-referenced token issuers at all, and a euro stablecoin market worth about €673 million.
Under MiCA, an EMI is one of only two entities that can issue an e-money token to the public in the EU. Eighteen of the 21 issuers on ESMA's register are EMIs. The US route is a different story.
