The US built world’s greatest card system

AI Summary

The article traces the evolution of payment systems from barter and cash to cards and electronic transfers, describing stablecoins as a possible next stage. It highlights the United States’ role in building a prominent card-payment system.

By YVONNE-FAITH ELAIGWU The history of payments is, in many ways, the history of making value easier to move. We started at barter and are now at electronic transfers, with stablecoins suggesting that the next evolution is here. New payment methods rarely make their predecessors useless. Cash did not immediately eliminate barter. Cards did not […] The post The US built world’s greatest card system appeared first on Vanguard News.