Stripe Launches Stablecoin Feature After $1.1 Billion Bridge Acquisition
- Stripe launches its Stablecoin Financial Accounts in May 2025.
- Expands global payment solutions using stablecoins.
- Enhances cross-border transactions for 101 countries.
Stripe has launched Stablecoin Financial Accounts on May 7, 2025, leveraging Bridge’s technology acquired in a $1.1 billion deal.
This move enhances cross-border payment capabilities and offers more flexibility for international businesses.
Stripe Leverages $1.1 Billion Acquisition for Stablecoin Rollout
Stripe has launched Stablecoin Financial Accounts after acquiring Bridge in October 2024. This marks a strategic entry into stablecoin services, aiming to improve global payment flexibility.
The primary figure behind this initiative, Patrick Collison, emphasized a long-standing ambition to create this product. The feature offers businesses payment flexibility with both stablecoin and fiat options.
Stripe’s Stablecoin Accounts Gain Traction in 101 Countries
Stablecoin Financial Accounts offer businesses in 101 countries enhanced payment options. Customers rapidly adopted the feature, utilizing stablecoins in transactions. Such adoption indicates strong demand for versatile payment systems.
The move could generate significant revenue for Stripe. Experts suggest Stripe’s annual revenue might hit $40 billion thanks to stablecoin reserves held in U.S. Treasurys.
From Bitcoin Withdrawal to Stablecoin Strategy Initiative
Stripe previously supported Bitcoin until 2018 withdrawal due to volatility issues. This new focus on stablecoins suggests a strategic shift aimed at minimizing risk while enhancing functionality.
Analysts view this as a step towards expanding stablecoin utility in e-commerce. Partnerships with Visa support Visa card issuance linked to stablecoin wallets, boosting stablecoin use in retail environments.
We’ve wanted to build this product for around a decade, and it’s now happening.
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