Afterpay spoke as part of the Senate inquiry into “Australia as a Technology and Financial Center” and Lee Hatton said there would be enough consumer demand to offer crypto services.
Afterpay told the Australian Senate that using crypto could cut payments costs for merchants, and that the government should work to create a framework for an AUD-backed stablecoin.
“Maybe you don’t simply get a 20X the value of the business, but could you two, three, four or five X the business? Absolutely,” said Anthony Pompliano.
“We know our younger generation of customers seek additional products and services that are relevant to them,” said Zip co-founder Peter Gray.