In May 2021, Byrne Hobart wrote a fantastic piece titled Stripe and Solid State Economics.

He makes the point that Stripe is a valuable company because it takes the variety of business functions that go into making online payments work and ties them together in a seamless manner.

But! The catch is that Stripe can make e-commerce only so useful. It's limited by the the way the global financial system is setup.

So why is this acquisition a no brainer for Stripe?

Because Bridge makes it possible for them to get rid of more moving pieces and consolidate their payments flow!

But what does that mean? And how does this acquisition effect the rest of TradFi and stablecoin startups?

There's a Stablecoin Barbell strategy that founders should consider. 

Are we catering to the inevitable slew of tradfi companies that will want to plug into the stablecoin space? Or are we building stablecoin infra for defi apps trying new experiments that don't make sense for Stripe and PayPal?

In May 2021, Byrne Hobart wrote a fantastic piece titled Stripe and Solid State Economics.

He makes the point that Stripe is a valuable company because it takes the variety of business functions that go into making online payments work and ties them together in a seamless manner.

But! The catch is that Stripe can make e-commerce only so useful. It's limited by the the way the global financial system is setup.

So why is this acquisition a no brainer for Stripe?

Because Bridge makes it possible for them to get rid of more moving pieces and consolidate their payments flow!

But what does that mean? And how does this acquisition effect the rest of TradFi and stablecoin startups?

There's a Stablecoin Barbell strategy that founders should consider. 

Are we catering to the inevitable slew of tradfi companies that will want to plug into the stablecoin space? Or are we building stablecoin infra for defi apps trying new experiments that don't make sense for Stripe and PayPal?

https://terminallyonchain.xyz/bridge

Open Source and DeAI deep dives at terminallyonchain.xyz

This acquisition is more than just a tech play it's about reshaping how money moves across borders. Will Stripe be the bridge for TradFi to enter the stablecoin game?