Stripe prepares to test a new Stablecoin payment product aimed at companies based outside the United States, the United Kingdom, and European Union.
The CEO of the company, Patrick Collison, confirmed On social media Stripe has been planning this offer for almost a decade and now opens it to pilot users.
Announcement will come after Stripe receives the approved regulation to Get a bridgeA payment platform founded by former Coinbase executive Zach Abrams and Sean Yu. Bridge infrastructure offers an alternative to traditional systems such as Swift for cross-border transactions.
The Stripe’s stablecoin pilot project came from a time from companies from Crypto firms In Banks in Tradfi is stacked in the industry, trying to get a piece of the red-hot sector. In fact, Citi said Stablecoins can be a “chatgpt” moment For blockchain adoption, and the market, especially the US dollar, can grow up to $ 3.7 trillion by 2030 with regulatory support.
Stripe has a long history with crypto. This is the first major payment processor to Support payments to Bitcoin Back in 2014, even later The feature is lowered Over slow transaction speed and BTC fee.
Read more: Stablecoins is a ‘WhatsApp moment’ for transferring money, says A16z
