In past Stripe used to accept the crypto payment settlements. But then govt went totally paranoid and then things start to get regulated. And now everything under the sun is in control or in watch eye of the IRS. This would make the SEC have control over what is being sent on the chain and the payment settlements. This would bring the Stripe back in action as it was meant to be. So they have started doing the USDC settlements.
In short under regulated scenarios there is going to be business on the crypto. So the decentralized finance is going to be difficult from now on. Instead things are going to take it's own payload and USDC and CBDC would be normal under the stripe. I am sure this would be good for those who are accepting the money using QR and those who want international customers and don't want to burden them with fiat conversions.
I feel this is something stripe would benefit more as well. Based on the speech there twitter payouts are also likely to get the settlement through the USDC if things work. Another important point is stripes crypto progress would even more amplify the CBDC market. Like more markets and the payment services accepting the CBDC would make things stable too.
