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The Pomp Podcast

#1322 John Egan on How Stripe Is Building for Bitcoin & Crypto

Mar 7, 2024
42:22
Snipd AI
The podcast discusses how Stripe is embracing crypto, bridging Web 2 and Web 3, PropyKeys revolutionizing home address minting, and Supra offering free price feeds. Topics include stablecoins, UI/UX challenges in crypto space, and the role of crypto in advancing Stripe's mission.
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Podcast summary created with Snipd AI

Quick takeaways

  • Stripe sees cryptocurrency as a tool to enhance global commerce efficiency and increase GDP of the internet.
  • Stripe categorizes its cryptocurrency approach into different buckets to support crypto businesses and promote growth within the evolving landscape.

Deep dives

Stripe's Embrace of Cryptocurrency as a Native Tool

Stripe has embraced cryptocurrency as a native tool within its business model rather than viewing it as a competitive element. By integrating crypto, Stripe sees it as enhancing their mission to increase the GDP of the internet by providing a more efficient global commerce platform. Cryptocurrency offers a shift in financial enablement, allowing for faster settlement times, lower fees, and greater payment inclusivity for various regions and currencies.

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