“Stripe Ceo Patrick Collison Said A Stablecoin Tool for Companies Outside US, UK and EU IS READY FOR TESESTING.”, – WRITE: www.coindesk.com
The Company’s CEO, PATRICK COLLISON, CONFIRMED ON THE SOCAL MEDIA THAT STRIPE HAD BEENING THANNING THIS OFFERING FOR NEARLY A DECADE AND IS NOW OPENING IT UP TO PILOT USERS.
The Announcement Comes After Stripe Received Regulatory Approval to Acquire Bridge, A Payments Platform Founded by Former Coinbase Executives Zach Abrams and Sean Yu. Bridge’s Infrastructure Offers An Alternative to Tradition Systems Like Swift for Cross-Border Transactions.
Stripe’s Stablecoin Pilot Project ComES at A Time WHEN Companies Ranging from Crypto Firms to Tradfi Banks Areks Are Pling Into the Industry, Trying To Grab A Piece of the Red-Hot. In Fact, Citi SAID STABLECOins Could Be A “Chatgpt” Moment for Blockchain Adoption, and The Market, Primarily Pegged to the Us Dollar, Could Grow Up to $ 3.7 Trillion by 2030 With Reg.
Stripe has a long history with Crypto. IT WAS The First Major Payment Processor To Support Bitcoin Payments Back in 2014, Thought IT Later Dropped The Feature Over Btc’s Slow Transaction SpEeds and Fees.
Read More: Stablecoins Are A ‘WhatsApp Moment’ For Money Transfers, A16Z Says
