Crypto Pills

Stripe’s CEO says stablecoins will force everyone in the value chain to share yield, shifting how value from digital cash‑like instruments is distributed across issuers, platforms, merchants, and end users. As stable‑value tokens integrate into payments and commerce, the economics around holding and transacting with tokenized dollars may evolve toward more transparent, user‑aligned rewards and fee structures. The comment highlights mounting competitive pressure on payment processors and fintechs to pass through more of the financial benefit associated with stablecoin balances or settlement efficiencies. It also frames a potential reordering of business models as programmable money enables instant settlement, automated revenue sharing, and novel incentive designs. For companies that trade crypto or accept crypto‑denominated flows, these changes could alter working capital dynamics, interchange assumptions, and customer acquisition strategies in a maturing digital payments landscape.