Bridge co-founder Zach Abrams discusses the company's initial product thesis during the 2022 NFT boom before pivoting to stablecoin orchestration.
Opinion
Solana is still not great for payments, Abrams argues
“Solana is a great blockchain for a lot of use cases, but it's still not great for payments.”
Opinion
Ethereum captures minimal value compared to Solana, Abrams argues
“And like Ethereum, wild value creation, like of all the blockchains, minimal value capture. Whereas there are a bunch of others where, you know, like Solana is probably perfect, you know, value creation, value capture.”
Prediction Not checkable as stated
Abrams: US dollar stablecoins will maintain outsized dominance forever
“I think you're going to see while like, you know, fiat US dollars are x percent of the global market, stablecoin US dollars are going to be, you know, way more forever.”
Prediction Open · timeframe Nov 2030
Tether will still not pay yield in five years, Abrams predicts
“No.”
Prediction Not checkable as stated
Trading will shrink to 5% of the stablecoin market, Abrams predicts
“That being said, I think that the trading use, use case was like a hundred percent of the market two years ago was 80% of the market today, and, you know, will be five percent of the market in, in some number of years.”
Prediction Not checkable as stated
All corporate treasuries will ultimately move into stablecoins, Abrams predicts
“So I think that ultimately all like corporate treasuries will move into stablecoins.”