Why is there no recourse when my stablecoin payment goes wrong?
機会
Stablecoin transfers are final by design, which removes friendly fraud but also removes every protection consumers depend on under Regulation E and Regulation Z. There is no 60-day dispute window, no chargeback mechanism, and no scheme rule that forces a refund for undelivered goods or an unauthorized transfer. The CFPB withdrew its proposal to extend Reg E protections to on-chain payments in May 2025, leaving no federal floor. Circle shipped a Refund Protocol in 2025 as an opt-in escrow layer, but it requires both parties to route through the same contract at checkout, so merchant adoption remains minimal. The GENIUS Act consumer protection provisions are not effective until at least January 2027, meaning the gap is live right now as merchant acceptance accelerates.
重要な理由
Consumer confidence in stablecoin payments cannot reach mainstream scale without a credible recourse path that does not require trusting a single custodian.
機会をどう評価するか
Opportunity Scoreは測定値ではなく、私自身の見解です。どれほど痛みを伴うか、どれほど頻繁に影響を与えるか、そして今日時点で解決策がいかに少ないか。スコアが高いほど、構築する価値が高いと私は考えています。
それが現れたときにどれほどの痛みをもたらすか。
実際にどれほど頻繁に人々がそれに直面するか。
今日時点で、それに対する優れたツールがいかに少ないか。