Stripe is preparing to test a new stable payments aimed at companies with headquarters outside the United States, the United Kingdom and the European Union.
The company’s CEO, Patrick Collison, confirmed on the social networks that Strip had been planning this offer for almost a decade and is now opening it to pilot users.
The announcement occurs after Stripe received the regulatory approval to acquire Bridge, a payment platform founded by former executives of Coinbase Zach Abrams and Sean Yu. Bridge infrastructure offers an alternative to traditional systems such as Swift for cross -border transactions.
The Stablecoin Pilot Project of Stripe arrives at a time when companies ranging from cryptographic companies to traditional banks are accumulating in the industry, trying to take a piece of the sector to Red Vivo. In fact, Citi said that Stablecoins could be a moment of “chatgpt” for the adoption of blockchain, and the market, mainly linked to the US dollar, could grow up to $ 3.7 billion by 2030 with regulatory support.
Stripe has a long history with crypto. It was the first important payment processor in supporting Bitcoin payments in 2014, although it later dropped the characteristic of the slow speeds and transaction rates of BTC.
Read more: Stablecoins is a ‘WhatsApp Moment’ for money transfers, says A16z
