Source: Cointelegraph
Original: “Payment giant Stripe launches testing of new stablecoin product after completing acquisition of Bridge”
Global payment platform Stripe is developing a new dollar stablecoin product for businesses outside the U.S., U.K., and Europe, a move that could further expand the dollar's influence worldwide.
Stripe CEO Patrick Collison confirmed the product on the X platform and issued an invitation for businesses interested in testing the solution. This development follows Stripe's recent regulatory approval and successful acquisition of the stablecoin payment network Bridge.
Bridge's payment network competes with banks and companies using the SWIFT system. SWIFT is the global financial telecommunications network responsible for international wire transfers. The company was co-founded in 2022 by two former Coinbase executives, Zach Abrams and Sean Yu.
Stablecoin adoption continues to rise in 2025
Payment giant Stripe has deep ties to cryptocurrency—becoming the first mainstream payment processor to integrate Bitcoin (BTC) back in 2014, though it later paused support due to issues with slow transaction speeds and high fees.
In 2021, the company restructured its crypto team and resumed its foray into digital assets. Recently, Stripe has noticeably accelerated this process: launching stablecoin payment features in October 2024, covering over 70 countries on the first day; and in June of the same year, partnering with Coinbase to launch fiat-crypto exchange services.
CEO Patrick Collison emphasized on the X platform that the latest crypto initiative is a strategic project the company has been "brewing for nearly a decade." Stablecoins, as cryptocurrencies pegged to fiat assets, are favored for their value stability.
In the U.S., dollar stablecoins have garnered federal attention, with calls for specific legislation from various parties, including Federal Reserve Chairman Jay Powell. PayPal issued its own stablecoin in 2023 and recently announced it would provide yields for holders.
According to DefiLlama data, as of April 25, the total market capitalization of global stablecoins has reached $237.5 billion.
Related: Bitcoin (BTC) ETF sees a surge in capital inflow: net inflow surpasses $3 billion in a single week, ending five weeks of outflows.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
