I thought BTC was going to replace western union by now and be used by official brick and motor businesses. I guess thats the point of stable coins, Why doesnt BTC have a stable coin backed up by BTC; kind of like how they back up mortgages. I wish I could remember my series seven better I could think up more use cases for BTC.
I never thought anything about bitcoin ending Western Union or MoneyGram or PayPal, but what I think would happen is they would integrated bitcoin into there company, Bitcoin would become a prostitute to the government if it ever get to be a stable coin, what Fiat really used for? What more do you ever expect from Fiat? Bitcoin would not end rotten sides of the world complete, but it can be in used for simple to complex already in used financial needs, but this time more controlled independently.