Stablecoins can help businesses turn costs into revenue, but not everyone needs to issue a token
CoinDesk
Paxos Labs co-founder Chunda McCain explains how stablecoins allow businesses to reduce costs, generate yield, and access credit without necessarily issuing their own tokens.Summary
Chunda McCain, co-founder of Paxos Labs, argues that the stablecoin industry is shifting from basic infrastructure to practical business applications. By utilizing tools like the newly launched Amplify Suite—which features capabilities for earning yield, borrowing, and minting—businesses can transform payment processes from cost centers into revenue-generating assets. While issuing a branded token can be beneficial for some, McCain emphasizes that many companies can achieve similar financial efficiencies by integrating existing stablecoin rails without the heavy investment required for custom issuance.
(Source：CoinDesk)