Stripe: The Stablecoin (R)Evolution - John Egan. Ep. 606

Stripe’s crypto strategy centers on leveraging stablecoins to modernize global financial infrastructure, transitioning from traditional, siloed banking networks to a more efficient, internet-native model. John Egan, Head of Crypto at Stripe, explains that stablecoins function as a superior currency layer, offering near-instant settlement and expanded market reach for merchants, particularly in regions underserved by legacy credit card systems. By integrating stablecoins directly into existing payment suites, Stripe enables businesses to accept digital assets without abandoning familiar fiat-based operations. The recent acquisition of Bridge further accelerates this, providing the necessary orchestration and virtual account infrastructure to bridge the gap between traditional financial rails and decentralized networks. This evolution aims to make global money movement as seamless as other internet-native services, ultimately reducing the friction of cross-border commerce and treasury management for businesses of all sizes.