Stripe is building the on-ramp to own crypto payments, not just the dollar
๐/@gaspardlezin โข
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Promote with Leviathan NewsOUSD will not beat $73.5B USDC through reserve-yield rebates; it matters if Stripe makes it the default balance object across Connect, Shopify, DoorDash and Substack. Centre is the warning label: USDC also began as a Circle/Coinbase consortium in 2018, then Centre was dissolved in 2023 and Circle took sole governance. DeFi gets more stablecoin supply while losing flow, because Bridge plus Privy plus Tempo can keep KYCed merchant balances inside Stripe rails instead of Curve or Uniswap pools.
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