I think I’m in the minority who views stablecoins as complimentary to existing financial institutions. Stablecoins offer a substitute for other inputs like Swift or wire transfers. That’s net GOOD for money businesses, banks, etc

Advertising didn’t stop bc email was invented, competing w mail. The product - be it advertisements or financial services - is able to use cheaper/faster inputs. Stablecoins, like digital ledgers, and paper ledgers before them, are an input, not generally a finished product