> For example, Bridge (a stablecoin orchestration platform that Stripe acquired)... | Hacker News

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		cogogo 5 months ago \| parent \| context \| favorite \| on: Stripe Launches L1 Blockchain: Tempo > For example, Bridge (a stablecoin orchestration platform that Stripe acquired) is used by SpaceX for managing money in long-tail markets. I genuinely do not understand this example. What is spacex actually doing? And why do they even have money in “long tail markets” at all?

kasey_junk 5 months ago [–]

I don’t know anything about this specific case but it is common for manufacturers to have currency needs in long tail markets to facilitate payments to subsidiaries, vendors and employees in all the places they do business.

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