Stripe making payment processing fast and reducing costs to 2.9% -> Great Innovation

Crypto making payment processing 50X faster and reducing costs to 0-0.1% -> Not important use case with little impact on GDP

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My sense is that the teams at Visa and PayPal are more in tune with crypto than Stripe, a company that has invested heavily in Stellar, Bitcoin for payments, Solana but not much into the EVM or Tron (USDT central)

Engineering @ 0x | Interested in walkable cities

Stripe’s take rate on that 2.9% is pretty low. Most of it goes to the issuing and acquiring banks who take on fraud risk

I would imagine if there’s consumer adoption, they would gladly integrate (and charge a small convenience fee)

Met some people from Visa crypto team and they seemed very competent. On the other handu Stripe has insane distribution so if they come up with some good product, they might get adoption fast. Ofc it might cannibalize their existing business - innovator dillemas rule around me...