Stablecoins, currencies of a different stripe

The provided text discusses the acquisition of Bridge, a stablecoin payments platform, by Stripe, a major payment processing company. The article explains the concept of stablecoins, digital assets designed to maintain a stable value by being pegged to a reserve asset like the US dollar. The author argues that stablecoins offer significant advantages over traditional cryptocurrencies, particularly for everyday transactions and as a store of value. The author explores potential benefits and risks associated with stablecoins, highlighting their impact on the global financial system and the emergence of new financial models. This article is also available in English on my Medium page, «Stablecoins, currencies of a different stripe«

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