Stripe is clearly the most interesting payment specialist.
For @TheBigWhale_, we spoke with its Head of Crypto @john3gan to explain the strategy of the giant.
𧔠A few key points to remember.
"With stablecoins, we have a programmable, interoperable, fast, and low-cost payment layer. This doesn't change our vision: it simply makes it much more powerful."
Stripe is already offering:
- Payments in stablecoins
- Treasury accounts in stablecoins in over 100 countries
- Stablecoin debit card with @tryramp
- Issuance of a proprietary stablecoin with @stablecoin (USDB)
And soon⊠an integration with DeFi with @aave or @MorphoLabs?
"If you look at our rates, a card transaction costs 2.9% + $0.30. In stablecoin, itâs 1.5%. We cut the costs in half. For merchants, itâs an immediate gain. For Stripe, it expands the market."
"A new category of users is emerging. They don't have crypto in their balance sheets but use stablecoins daily (especially in AI). They are also, in their own way, crypto natives."
"The paradox is that many want to receive a payment or buy a stablecoin... but hesitate when it comes to creating a wallet. With @privy_io, you can generate a secure, integrated wallet in just a few clicks."
"Could Stripe create its own blockchain? Nothing is off the table. But it's not our priority. However, we see a lot of interest in private stablecoins issued by the merchants themselves."
"We are actively exploring the possibility of deploying our treasury on protocols like Morpho or Aave. (...) We have every interest in leveraging protocols that allow for real-time optimization, exposure to the dollar, and enhanced security."
"Today, there are dozens of countries where all interaction with Stripe goes through blockchain rails. For these clients, Stripe is already an on-chain company."
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