To democratize access to decentralized, censorship-resistant transactions and onboard the next billion web3 users, we must transition from centralized Dollar-based stablecoins. Key steps include: a) fostering local low-volatility digital currencies, b) enabling account abstraction, and c) facilitating gas payments in these stable currencies. Local stablecoins unlock diverse use cases, notably (micro-) lending, fostering economic inclusion in frontier markets.