Stripe： Stable currency is one of the most innovative fields of "Internet economy"

Gold Finance reported that the total transaction volume of Stripe, a payment company, will reach $1.4 trillion in 2024. In its annual letter released on Thursday, the company said that stable currency is one of the most innovative areas of the "Internet economy". In October last year, Stripe spent $1.1 billion to acquire stablecoin startup Bridge. In their annual letter, the company's co founders Patrick and John Collison pointed out that stablecoins represent an "improvement" in the "basic usability of currency," just like paper currency is a progress for coins. The founder of Stripe wrote, "Compared to the current situation, stablecoins have four important characteristics. They make capital flow cheaper, make capital flow faster, they are decentralized and open (so they can be used globally from day one), and they are programmable