Stripe Tests New Stablecoin Project as $3.7T Market Looms

Stripe is set to test a new stablecoin payments product targeting businesses outside the US, UK, and EU, following regulatory approval to acquire Bridge, a stablecoin platform. CEO Patrick Collison announced the pilot, which has been in development for nearly a decade. The move aligns with the growing stablecoin market, projected to reach $3.7 trillion by 2030. Stripe, an early adopter of bitcoin payments in 2014, aims to leverage stablecoins for faster, cost-effective cross-border transactions. Show Less