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Stripe Confirms Stablecoin Product Development After Decade-Long Preparation
Stripe Confirms Stablecoin Product Development After Decade-Long Preparation
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Stripe CEO Patrick Collison announced on April 25 that the company is advancing a stablecoin-based product, culminating nearly ten years of internal deliberation. The fintech giant’s entry into the stablecoin market follows its $1.1 billion acquisition in February, though specific details remain undisclosed.
Initial rollout plans prioritize non-US, non-EU, and non-UK markets, suggesting a strategic approach to regulatory navigation. Collison’s tweet—"We’ve wanted to build this product for around a decade"—underscores the deliberate pace of Stripe’s crypto ambitions.
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