AllianceDAO Mitbegründer: Stablecoin-Zahlungen sind kurzfristig schwer durch Visa und andere Kartengesellschaften zu ersetzen

Odaily星球日报讯 AllianceDAO 联创 QwQiao 在 X 平台发文表示,部分观点认为稳定币等新支付轨道有望取代 Visa、Mastercard 等卡组织,理由在于商户需承担约 3% 的刷卡成本,但这一判断忽略了费用分配结构。其指出,在一笔 100 美元、约 3 美元手续费的交易中,约 1.8 美元以返现或积分形式回流给消费者,约 0.45 美元归发卡行,约 0.6 美元归收单行,卡组织仅获得约 0.15 美元。QwQiao 表示,该结构使消费者、银行与卡组织在同一网络中形成稳定激励关系,而相关成本主要由议价能力相对较弱的商户承担,这也是传统卡支付网络长期维持规模效应的重要原因之一。

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