I'm not saying bitpay is private. It obviously isn’t. I’m just saying people are willing to use a lot of crypto. In retail payments, things that aren’t stablecoins are still the predominant medium (only 40% of retail crypto processor payments resolve in stablecoins). Tether’s big volume is remittances, not retail transactions. People who want to spend in crypto spend in crypto. People who want to send money back to their shithole use Tether. They’re not looking to escape — they’re just looking for cheaper fees than the usurious Western Union.