"Why we’re updating our pricing" mostly says more people are using it than ever, not that they've made enough changes to warrant getting extra money.
And I guess that's technically true. If people are too locked into their platform, then that's a great reason for them to update their pricing: to benefit themselves over creators.
They took very large sums of money from venture capital firms. As in many millions. Those now require constant and perpetual number-go-up. This won't stop getting worse, let alone get better. There are other services. If you're a creator, use them.
Yeah, have at it, the barrier to entry on taking some payments and distributing it to people is so high that no one else can possibly get in that market...