When I look at Walrus’s payment flow, the idea of paying with a stablecoin feels less like a convenience feature and more like an economic stabilizer.
A stablecoin payment path—where users pay in USD-pegged assets that are then converted to WAL on-chain—would shift volatility risk away from users and into a transparent conversion layer. The key question is how that conversion is handled: whether via on-chain liquidity pools, protocol-defined pricing, or external oracle feeds.
What matters to me is that conversion remains auditable and atomic. Payment, conversion to WAL, and reward allocation must happen as a single, verifiable flow. Otherwise, pricing manipulation or partial execution could undermine trust.
If implemented carefully, stablecoin entry points don’t weaken WAL’s role. They reinforce it by making participation accessible without forcing every user to speculate on token price movements.