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Stripe Launches New Stablecoin to Revolutionize Cross-Border Crypto Payments

  • Stripe, a major global payments platform, has announced plans to launch a new stablecoin product.
  • Stripe will use Bridge stablecoin payments network, which it acquired in October 2024, to test the product.
  • Stripe intends to expand the adoption of US dollar-backed stablecoin outside the current United States, Europe and UK markets.
  • Stripe's stablecoin product enables businesses to access digital assets that are backed by stable fiat currencies such as the US dollar.

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