Stripe and Circle’s New Blockchains Bet on Walled Gardens

Show Notes

Stripe and Circle just unveiled new “blockchains”: Stripe’s Tempo and Circle’s ARK. But are these really decentralized networks, or just private databases with marketing? In this clip, the PBJ crew breaks down why Stripe and Circle are betting on stablecoin-native rails, what it means for payments, and why Bitcoin stands apart as the only open monetary protocol. 00:00 – Stripe & Circle Announce New L1s & early reactions 02:28 – Stripe’s stablecoin push (Bridge, Privy, payment rails) 04:20 – Decentralization theater: tokens, control, regulation 09:03 – Why Stripe wants its own L1 11:38 – Circle’s strategy and TradFi competition 🎧 From the PBJ podcast recorded at 📍Presidio Bitcoin 🔗 Full episode: https://youtu.be/ZgUMDLFFhDg 🐦 Follow us: https://x.com/PresidioBitcoin 🌐 Learn more: https://presidiobitcoin.org Subscribe Apple: https://podcasts.apple.com/us/podcast/presidio-bitcoin-jam/id1804198027 Spotify: https://open.spotify.com/show/0N8ZFqAkTwxNmjDXdIo7cT Fountain: https://fountain.fm/show/j2kz7CShWNQaF25Nf6uB