Paradigm Joint Creation: Stablecoins are the next killer application of cryptocurrencies

BlockBeats News: On October 22nd, Matt Huang, co-founder of cryptocurrency investment firm Paradigm, posted on social media that "stablecoins are the next killer application of cryptocurrency - obvious to everyone in the cryptocurrency industry, but not so obvious to the outside world. Congratulations to Stripe and Bridge BlockBeats previously reported that payment company Stripe has acquired stablecoin platform Bridge for $1.1 billion, making it the largest acquisition in the cryptocurrency field.