Stripe is developing a USD stablecoin product
Patrick Collison, CEO of global payment platform Stripe, announced that the company is developing a USD-based stablecoin product, mainly targeting markets outside the United States.
Previously, Stripe was approved to acquire the stablecoin payment network Bridge for $1 billion in October 2024, and the acquisition was completed in February 2025. Bridge was founded in 2022 by two former Coinbase executives, Zach Abrams and Sean Yu, and primarily competes with the SWIFT global payment system.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tim Draper predicts Bitcoin could reach infinite value in dollars
Hot Wheels NFT market drops to $1.5B as Mattel halts new releases
Bitcoin ETFs see $1.8 billion inflow
New York Post X account hacked to scam users with $100k risk
Trending news
MoreCrypto prices
More
