Episode Details
Title | Bridge Founder on Their $1.1B Stripe Acquisition | Zach Abrams |
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Date | 11/5/2024 |
Podcast | Empire β |
Key Insights
Bullish:
- π’ $STABLES - Stablecoins are seen as a highly efficient and scalable means of value transfer, with expectations of significant growth in issuance and adoption across various sectors, particularly in fintech and global payments.
- βStablecoins create a means of moving that same value in a way that is much more efficient and therefore much, much, much more scalable.β - Zach (0:00)
- βWe think that there will be tons and tons and tons and tons of stable coins. And and, and and it's purely, you know, rational.β - Zach (1:01:08)
- βIf you're a Fintech and you're serving people in 50 different countries, it is literally impossible. This is why you do not see, like Cash App is still in the U. S. Even after they've tried to expand into many many different countries. Like Revolut, which is probably the best in the world that expanding internationally is in like 7 or 8 countries. But if you're building on top of a stable coin stack, you're global from day 1.β - Zach (58:40)
- π’ $BRIDGE - π
Bearish:
- π» $TRADFI - π