Founder of Stripe: Stablecoins improve the availability of currencies and may become the core of payments in the future

PANews reported on February 28 that according to The Block, Stripe founders John and Patrick Collison said in their annual letter that stablecoins have four major advantages in the payment field: drop cost, faster transaction speed, decentralization and global availability, and Programmability. They believe that the emergence of stablecoins is similar to paper money replacing coins, or Fiat Currency replacing the gold standard, bringing greater convenience to the global economy. Stripe has previously spent $1.1 billion to acquire stablecoin service provider Bridge, supporting on-chain stablecoin payments on Solana, Ethereum, Polygon, and other chains. The report points out that by 2024, stablecoin trading volume will more than double year-on-year, with monthly active wallets surpassing 40 million, widely used in scenarios such as enterprise financial management, cross-border remittances, inflation-resistant savings, and payment settlements. The Collison brothers emphasize that Stripe will focus on promoting the popularization of stablecoin payments in the future. The report also notes that issuers such as Tether and Circle have become major buyers of U.S. bonds, further strengthening the influence of the U.S. dollar.