Original text: 100y.eth
Compiled by: Yuliya, PANews
Recently, the crypto community has been buzzing with rumors that Stripe intends to launch its own L1 blockchain network. After acquiring Bridge and Privy, launching a dedicated chain may be its next step in the blockchain space. As a leading global payment service provider (PSP), Stripe serves as a technical bridge between merchants, acquirers, card networks, and issuing banks, ensuring that transactions are efficient and secure.
If the L1 mainnet is really launched, under basic scenarios it may support stablecoin payments, deep integration of Stripe L1 with customer payments and merchant settlements; while in an ideal scenario, it could completely reshape the payment system, including:
1) Bypass direct payments with card organizations and banks;
2) Micro-payment subscription models that traditional systems cannot achieve;
3) By holding short positions on Stripe L1.