🏦 DEFENSIVE STRATEGY: JPM sees billion-dollar businesses like Plaid, Cleo ($280M ARR), and CreditKarma ($7.1B acquisition) built on “their” data. Classic innovator’s dilemma—they’re trying to tax innovation instead of embracing it.
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025
Category: Twitter Page 13 of 83
🌍 GLOBAL CONTEXT: Cross-border remittances cost 6.35% using traditional rails vs 0.5-3% with stablecoins. Sending $200 US→Colombia: $12.13 traditional vs $0.01 stablecoin. The infrastructure disruption is already happening globally.
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025
💰 FOLLOW THE MONEY: Stripe now charges 1.5% for stablecoin payments vs 2.9% for cards. In 2024, stablecoins moved $15.6 trillion—matching Visa’s volume. For a grocery store with 1% margins, eliminating interchange fees could double net income for merchants
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025
⚡ THE STABLECOIN DISRUPTION: Here’s what really scares JPM. Traditional payments cost 1-3% in interchange fees. Stablecoin transactions? As low as $0.00025 on networks like Solana. That’s not a typo—we’re talking about 99.9% cost reduction.
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025
🇪🇺 vs 🇺🇸 TALE OF TWO SYSTEMS:
•EU PSD2: Banks must provide data access “without compensation”
•US approach: JPM charging per-transaction fees
•Result: European fintech innovation thrives while US banks gatekeep their own customers’ data— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025
📊 THE NUMBERS DON’T LIE: JPM claims $50M in fraud losses from aggregators. Sounds scary until you realize they made $49B in H1 2025 revenue. That’s 0.05% of their income. Meanwhile, they’re charging fees that could generate $300M annually from Plaid alone.
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025
🚨 JPMorgan just exposed the real threat to traditional banking. While Europe treats customer data as free under PSD2, JPM is charging aggregators like Plaid $1.50 per authorization + $0.05-0.20 per data request. This isn’t about infrastructure costs—it’s about survival.
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025
https://t.co/7YQKP9bcpg @jas_shah
Excellent breakdown of how there is going to be a reset in ‘value capture’ in payment space.
Why JPM’s “data tax” is really about protecting $49B in interchange revenue from the stablecoin revolution brought by Genius Act— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025