Keep pulling the thread on Zach Abrams, Henri Stern.
Bridge and Privy were recently acquired by Stripe.
SpaceX uses Bridge's stablecoin platform to move money cross-border.
SpaceX uses stablecoins to repatriate funds to the US from dozens of countries where it sells Starlink.
Local crypto exchanges in Latin America, Africa, the Middle East, and the Philippines are dominated by stablecoin volume and have effectively become alternative FX markets.
USDT (Tether) operates like a "zero 100 hedge fund" by keeping all of the yield generated from its reserves for itself.
The European Union's MICA regulation for crypto-assets is currently untested, and its enforcement will likely create a very different compliance landscape in five years.
Zach Abrams predicts that within the next year, any consumer who wants access to the risk-free rate will be able to get it, which will draw some capital away from USDT.
Zach Abrams predicts that while USDT will grow in absolute terms, its market share will decline from its current 60-70% to 10% as the overall stablecoin market expands.
Bridge's open issuance platform is being used by Phantom, MetaMask, and Hyperliquid to issue their own stablecoins.
Zach Abrams predicts that eventually all corporate treasuries will be managed using stablecoins.
Zach Abrams predicts the stablecoin market will grow to be 100 times its current size.
Dollar App uses Bridge to build a neobank on top of stablecoins.