September 7, 2025
Stripe Ceo Patrick Collison Explans Who Businesses Are Turning To Stablecoins thumbnail
Business

Stripe Ceo Patrick Collison Explans Who Businesses Are Turning To Stablecoins

Stripe Ceo Patrick Collison Outlines the Benefits Businesses See in Stablecoins, The Day After Stripe and Paradigm Launched ‘TEMPO.’”, – WRITE: www.coindesk.com

Stripe Ceo Patrick Collison Explans Who Businesses Are Turning To StablecoinsStripe Ceo Patrick Collison Outlines the Benefits Businesses See in Stablecoins, The Day After Stripe and Paradigm Launched ‘TEMPO.’Updated Sep 6, 2025, 9:12 PM PUBLISHED SEP 6, 2025, 2:16 PM

Stripe Ceo Patrick Collison SAID STABLECOINS ARE GINING ADOPTION BUSAUSE OF BUSINESSES FASTER, CHEAPER AND MORE RELIABLE PAYMENTS THAN Traditional Systems.

His remarks came in a hacker News Thread on Sept. 5, 2025, One Day After Stripe and Paradigm Launched Tempo, A Blockchain Designed Specifyly for Stablecoin Payments.

In his first comment on the teempo Announcement Thread, Collison Wrote that Stripe Had Been “Disappointed with Crypto’s Payments Utility for Much of The Past Decade.” He Said the Company’s View Shifted As More Businesses Began Using Stablecoins for Routine Financial Activity.

Collison Pointed to Bridge, The Stablecoin Infrastructure Provider Stripe Acquired in October 2024. He Said Side Spacex Use at Manage Money Flows in Hard-T-Rerech. Relies on It for Banking Services, and An Argentinian Bike Importer Uses Stripe’s Dashboard to Pay Supppliers.

“THESE BUSINESSES ARE NOT USING CRYPTO BECAUSE IS CRYPTO OR FOR SPECULATIVATIVE BENEFIT,“ COLLISON Wrote. “They Performing Real-World Financial Activity, and they’ve Found that Crypto (Via Stablecoins) is Easier, Faster, Better than the Status quo.”

WHEN ASKED WHETHER PEOPLE WILL EVENTUALLY “PAY WITH TEMPO,” COLLISON SAID The BLOCKCHAIN ​​IS INTENDED TO FUNCTION BEHINE OF THE SCENES. He Compared It to Financial Messaging Systems Like Swift OR ACH, NOTING THAT CONSUESUMERS MAY NOT INTERATE WITH TEMPO DIRECTLY BUT Wulder Benefit From Its Efficiency. He Called “Decentralized, Internet-Scale Swift” An Imperfect But Useful Analog.

In the Answer to Another Question (About Who Businesses Find Crypto Payments Appaling), Collison Outlined Five Reasons Companies Prefer Stablecoins Costs than Card Payments, Greater Reliability in Cross-Border Transfers, Fever Currency Conversions and Direct On -chain Access to Us Dollars.

He Also Rejected the Idea that Adoption is Mainly Regulatory Arbitrage. Collison Said Stablecoins Are Now Explicitly Regulated in the United States Under The Genius Act and in Europe Under Mica, and Argued Their Appeal Lies in Solving the MOVENTS.

In the Thursday Announcement, TEMPO Was Described As A “Payments-FIRST” BLOCKCHAIN ​​BUILT from the GROUND Up for Stablecoins, Combining Stripe’s Global Payments. The companies said they launched the Network to Provide Infrastructure Tailored to Real-World Payment Needs As Stablecoins Move Into Mainstream Use.

Tempo’s Design Emphasizes Predictable Low Fees, Optional Privacy and The Ability To Pay Both Transactions and Gas Costs in Any Stablecoin. It Includes A Dedicated Payments Lane with Features Such as Memos and Access Lists, and Is Evm-Compatible, Running On The Retl Client. Stripe and Paradigm Said the Blockchain Is Engineered to Process More 100,000 Transactions Per Second With Sub-Second Finality.

The Network is Aimed at Supporting Global Payouts and Payroll, Remittans, Tokenized Deposits that Can Settle around of the Clock, Embedded Financial Access, Microtrans, Microtrans Payments. ”

Stripe and Paradigm Also Stressed Governance. They Said Tempo Will Operate As A Neutral Platform for Stablecoins, Secured by An Independent and Diverse Validtor Set, with A Roadmap Town Fully Permissionless Validation.

The project launched with a broad Roster of Design Partners, Including Visa, Standard Charterer, Deutsche Bank, Nubank, Revolut, Shopify, Openai, Anthopic, Coupang, Coupang, Coupang, Coupang, Coupang, Coup.

AI Disclaimer: Parts of this Article Were Genered with The Assistance from AI Tools and Review by Our Editory Team to Enseure Accucy and Adhesion To Our Standards. For more information, See Coindesk’s Full Ai Policy.

More for you

Bitcoin and Stablecoins Dominate as India, US TOP 2025 Crypto Adoption Index

Indian Flag (Naveed Ahmed/Unsplash)USDT and USDC Continue to Lead Global Stablecoin Flows, But Eurc and Pyusd Are Rising Fast As Institutional Rails Rails Expand

What to Know:

  • India Leads Grassroots Adoption, Topping Chainalysis’ Index Across Retail, Defi and Institutional Activity, While The US Ranks Second on Etf-Driven Inflows.
  • Stablecoins Dominate Global Flows, with USD and USDC in the Lead, But Newer Entrants Like Circle’s Eurc and PayPal’s Pyusd Are Gaining Traction Fast.
  • Bitcoin Remains the Primary Entry Point, Pulling in $ 4.6 Trillion in Fiat on-Ramps Between July 2024 and June 2025, More Than Double Any Other Crypto Asset.

Read Full Story

Related posts

State of Crypto: Congress Is Back From Break

unian ua

Popular Dex Hyperliquid Moves Forward to Launch Propriotary Stablecoin

unian ua

Santiment Highlights Five of this Week’s Top Trender Coins: BTC, ETH, DOGE, USDT, EGLD

unian ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More