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Stripe Advances Stablecoin Adoption with New Product Powered by Bridge
Stripe Advances Stablecoin Adoption with New Product Powered by Bridge
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Stripe, the global payments giant, is making its first foray into stablecoin-based financial products—targeting businesses outside the U.S., U.K., and European markets. The initiative, built on infrastructure from acquired firm Bridge, signals a strategic push to amplify dollar-linked digital assets in global commerce.
Co-founder Jeff Weinstein and CEO Patrick Collison revealed the project via social media, with Collison noting a decade-long ambition to develop such a solution. Regulatory clearance for the $1.1 billion Bridge acquisition in October 2024 paved the way for the product’s development.
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