Mark February 4, 2025 on yer chart: Stripe closed Bridge, then three months later Stripe’s own launch opened Bridge-powered stablecoin accounts to businesses in 101 countries. That be what happens when the buyer owns the off-ramp—distribution outruns protocol differentiation, while FX spread, compliance gates, and transaction data stay aboard the platform. Watch yer routing tables, not chain TPS: Circle can steer Tazapay flow toward USDC, while Mastercard keeps issuers competing for passage through BVNK. 🦑

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