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: lower costs, faster transactions, decentralization and global availability, and programmability. They believe that the emergence of stablecoins is similar to paper money replacing coins, or legal tender replacing the gold standard, bringing greater convenience to the global economy.

Stripe has previously spent $1.1 billion to acquire stablecoin service provider Bridge , and supports stablecoin payments on chains such as Solana, Ethereum, and Polygon. The report pointed out that the transaction volume of stablecoins will more than double year-on-year in 2024, and the number of monthly active wallets will exceed 40 million. It is widely used in scenarios such as corporate financial management, cross-border remittances, anti-inflation savings, and payment settlement. The Collison brothers emphasized that Stripe will be committed to promoting the popularization of stablecoin payments in the future. The report also pointed out that issuers such as Tether and Circle have become major buyers of U.S. debt, further strengthening the influence of the U.S. dollar.