Superconductors for financial services is how Stripe founders Patrick and John Collison described stablecoins, as part of the Stripe annual letter published yesterday. It follows their acquisition late last year of Bridge, the stablecoin infrastructure builder.
Bridge has often talked about SpaceX being a client, but the letter clarifies the precise use case – repatriating Starlink subscriptions from Argentina, Nigeria, and other markets.
They highlight the four key benefits of stablecoins as:
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