Stripe broke the internet when they spent $1.1bn for Bridge 💸 But this was a small part of a bigger master plan 🧠 In this Exclusive @TokenizedPod Interview, President of @stripe, @gaybrick takes us behind the scenes... 🧵 Here are some of his best quotes: ✍️ - On Stablecoins “We're almost shocked by how performant stablecoins are. Who knew money could work this way?” - On the acquisition of Bridge: "Bridge is helping entrepreneurs solve problems that are otherwise completely intractable. They are antibiotics in the late 1920s - actual newly discovered lifesavers." - On the Acquisition of Privy “We think privy can really sort of be a coefficient, if not sort of an exponent, on the growth rates of stablecoin application development” - On Banks “Looking a few years out, if you're not tokenizing your balances as a bank, think you're really at risk of losing some of your deposits” - On Fragmentation in the Stablecoin Ecosystem “I’m picturing in my mind ‘Stripe sessions 2030’. Slide one, here's the 200 payment methods we accept, and slide two, here's the 200 stable coins we accept. And I think that's a word we don't want to be” *** Timestamps: 00:00 Introduction 02:28 Problems with traditional fiat payment systems and inefficiencies 04:36 Stablecoins as programmable dollars in an open ecosystem 07:24 Stripe's acquisition of Bridge 09:39 Stablecoin financial accounts expanding to over 100 countries 11:15 Visa cards for spending stablecoin balances in 12 markets 16:20 Role of non-custodial wallets in stablecoin adoption 18:56 Companies like Walmart and Amazon issuing their own stablecoins 21:37 Programmability of stablecoins and future of on-chain disputes 26:47 Risk management and compliance in stablecoin adoption *** 👉𝘚𝘦𝘢𝘳𝘤𝘩 '𝘛𝘰𝘬𝘦𝘯𝘪𝘻𝘦𝘥 𝘗𝘰𝘥𝘤𝘢𝘴𝘵' 𝘖𝘯 𝘠𝘰𝘶𝘛𝘶𝘣𝘦. 𝘈𝘱𝘱𝘭𝘦, 𝘚𝘱𝘰𝘵𝘪𝘧𝘺 𝘰𝘳 𝘢𝘯𝘺 𝘗𝘰𝘥𝘤𝘢𝘴𝘵 𝘗𝘭𝘢𝘺𝘦𝘳!