Crypto's Killer App?

In this episode of the a16z crypto podcast, host Robert Hackett interviews Sean Neville, co-founder of Circle and co-creator of USDC, and Zach Abrams, founder of Bridge (now part of Stripe), about the evolution and future of stablecoins. They discuss the early challenges and regulatory hurdles in launching USDC, the concept of product-market fit in the crypto space, and the potential for stablecoins to expand beyond crypto capital markets into global payments. Abrams shares his experience building Bridge and its acquisition by Stripe, highlighting the benefits and challenges of integrating a startup into a larger organization. Both Neville and Abrams express optimism about the future of stablecoins and the need for new blockchain infrastructure optimized for payments, while also acknowledging how early the industry remains.