Payments isn’t a commodity, or how stablecoins are redefining the value of money transfer 💸🪙; Monzo's valuation soars to $5.9 billion in employee share sale 🤑🦄

FinTech is Eating the World, 10 October

Hey Everyone,

Good morning & happy Friday! Today’s issue is super interesting as we’re looking at payments that apparently isn’t a commodity (how stablecoins are redefining the value of money transfer & what’s next + lots of bonus deep dives into Adyen, Visa, PayPal, stables & more!), and Monzo which just hit $5.9 billion valuation in an employee share sale (what this tells us & why it matters + bonus deep dives into Monzo & co inside). So let’s just jump straight into the hot stuff 🌶️

Payments isn’t a commodity, or how stablecoins are redefining the value of money transfer 💸🪙

Following the money 💸 I recently came across a comprehensive analysis that payments giant Adyen ran on their top 100 global customers and detailed the impact of the Adyen platform on enterprise businesses.

Apart from being a fascinating read, it’s a good reminder that payments is not a commodity. But this time it’s not about the study.

I tried to think bigger here and see what else could be done. What’s something that with relatively low effort could yield substantial results. And that’s when I realized that stablecoins is a perfect fit here.

So let’s take a quick look at this and see how stablecoins are redefining the future of money movements, how they benefit everyone, and what’s next.