FSL Cuts the Cord Between Crypto and Cash—GMT Pay Lets You Spend Web3 Earnings Like Real Money
Web3 just got a reality check. FSL’s GMT Pay launches as a bridge between decentralized earnings and that quaint relic called ’the physical economy.’ Finally—a way to buy groceries without explaining to the cashier what a ’gas fee’ is.
How it works: Convert GMT tokens to fiat at point-of-sale, bypassing centralized exchanges (and their surveillance-heavy KYC theater). Early partners include Shopify merchants—because even crypto maximalists need artisanal beard oil.
The catch? Volatility risks remain. That $100 latte might cost you $50 by the time the barista hands it over—unless you’re into yield farming your caffeine fix.
Wall Street analysts predict this either ’democratizes finance’ or ’creates a generation of tax-reporting nightmares.’ Place your bets.
