14min chapter

Sharp Tech with Ben Thompson cover image

Understanding Stablecoins and Their Utility, Why Stripe is Buying Bridge, Virtual Reality for NFL Quarterbacks

Sharp Tech with Ben Thompson

CHAPTER

Understanding Stablecoins and Financial Intermediaries

This chapter explores the rise of stablecoins in the crypto landscape, sparked by Stripe's acquisition of the startup Bridge. It discusses the role of intermediaries in traditional financial systems and contrasts this with the decentralized verification offered by blockchain technology. Additionally, the chapter addresses the challenges and efficiencies associated with different cryptocurrency validation methods, and the inherent volatility impacting their use as everyday payment options.

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