Analysis: Block’s decision to scale back its operations to the levels seen in 2019 may serve as an indication of more profound and fundamental changes occurring within the landscape of payments economics. This retreat could suggest that the company is responding to evolving market dynamics, competitive pressures, and shifting consumer behaviors, which may ultimately reshape the entire payments ecosystem and how financial transactions are conducted in the future.
source: https://www.coindesk.com/markets/2026/02/27/analysis-block-s-retreat-to-2019-scale-underscores-how-stablecoins-are-pressuring-payment-margins