Bankless

Stripe’s Trillion-Dollar Bet: How Stablecoins Eat Global Payments | Founder of Bridge Zach Abrams

103 snips
Sep 8, 2025
Zach Abrams, co-founder of Bridge and now at Stripe, sheds light on Stripe's ambitious stablecoin strategy. He discusses how tokenized dollars could revolutionize global payments, making them faster and cheaper. The conversation dives into the convergence of fintech and crypto, the benefits of issuer-specific stablecoins, and the innovative Tempo blockchain's role in enhancing payment efficiency. Zach also touches on the evolving landscape of traditional finance in relation to cryptocurrency and the growing acceptance of stablecoins in everyday transactions.
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ANECDOTE

Blockchain Makes Payments Observable

  • Zach recounts a lost-wire experience to show fiat rails lack delivery transparency and tracking.
  • He contrasts this with stablecoins where you can see when a payment was sent, confirmed, and delivered.
INSIGHT

Stablecoins As A Fiat Layer Two

  • Zach frames stablecoins as a tokenized 'layer two' sitting above fiat 'layer one' settlement rails.
  • Money moves up to tokenized rails for speed/cost benefits then settles back down when needed.
ADVICE

Abstract Complexity Behind Developer APIs

  • Do provide simple developer APIs that hide crypto and compliance complexity when enabling stablecoin payouts.
  • Pack wallet provisioning, KYC, and fiat conversion into the API to lower adoption friction.
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