I always try to explain that separate L1s, whether launched by JPMorgan or Circle will not work and that instant, trustless settlement without clearinghouses (= safer bridges) only works on public, decentralized chains like $ETH and $SOL. But the below is a better explanation.
foobar/
foobar/12.8. klo 22.20
"Can I pay you in crypto?" "Sure, let me send you some Arc USDC" "My wallet only works on Stripe L1" "No problem, bridge the Arc USDC to Ethereum then swap it for Stripe USD and bridge again" "Can I just pay with my bank?" "Of course! Just buy some XRP to access the interbank..."
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