Earlier quoted context omitted.
Phone numbers have become the de facto version of "Internet stamps" for identity verification. They are near-ubiquitous on a per-user level, but hard to accumulate without significant cost. (Unlike email addresses.) But the down side is that phone verification tends to be on a per-service level. So, for instance, Signal incurs these costs when they verify their users, and every other service incurs these same costs w…
Phone number verification is used to verify the user's registration intent, so not really.
The clearing house verifies you only once, or once a year, instead of every time. If the clearing house were to be a nonprofit, perhaps even set up by Signal themselves to spread costs with similar services, that has to be cheaper.
It also gives users confidence that only a randomized user ID was shared, so it won't be used for cross-service correlation and tracking, if the service didn't actually need your phone number but only some identifier.