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🟥 @Ingenico (global leader in payment terminals) is preparing to integrate stablecoins into its devices.
The service has started to be rolled out to some merchants, with a wider availability expected in a few weeks.
"Transactions in stablecoins are now reaching levels comparable, or even higher in some segments, to those of Visa and Mastercard combined. It is no longer a technological curiosity; it is a medium of exchange that is becoming transactional,"
👉Arnaud Dubreuil, Head of Innovation at Ingenico in an interview with @TheBigWhale_
For merchants, the promise is radical: Ingenico aims to offer transaction fees about 10% lower than traditional card payments.
For the customer, it’s very simple.
They do not need to download a new app: they scan a QR code and can pay from any wallet (custodial or non-custodial).
All of this is possible thanks to the API from @WalletConnect, which has been well-known for quite some time in the crypto ecosystem.
The supported blockchains: @Base and @Polygon.
Why?
"A customer cannot wait ten minutes in front of a terminal. (…) By using infrastructures capable of confirming a transaction in a few seconds, we eliminate this friction," explains Arnaud Dubreuil.
For now, the stablecoins that can be used are USDC and EURC from @Circle, as well as USDT from @Tether.
👉 Read the full interview with Arnaud Dubreuil on The Big Whale platform:

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