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🚀 NEW EPISODE 🚀
The Stablecoin (R)Evolution
@tw_tter chats with @john3gan about online payment rails, @stripe's integration of stablecoins and their disruptive potential.
Through lower costs, near-instataneous settlement and an overall better UX, startups and enterprises alike can now reach more markets and appeal to the wider crypto-native community.
By abstracting away all the complexities of traditional payment rails through simple plug-and-play APIs, Stripe created a facile route for cross-border payments, simplifying e-commerce. Similarly, Stripe’s recent integration of stablecoins could further bolster the adoption of decentralised payment solutions, be them USD or other currency proxies.
Don't forget to RT & follow @epicenterbtc!
Topics discussed in this episode:
0:00 - Introduction
3:24 - John’s background
5:51 - Stripe’s mission
9:16 - How Stripe solves the complexity of internet payments
14:15 - Integrating crypto for payments
21:05 - Supported blockchains
25:57 - Stripe’s Web3 services
32:26 - Upsides of accepting stablecoin payments
36:56 - Non-USD stablecoins
41:54 - Merchant UX
44:17 - Expanding crypto support outside the U.S.
46:46 - On- and off-ramping
56:20 - Acquiring Bridge and Privy
59:53 - The best of both worlds: CeFi & DeFi
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