It may be a “crypto winter,” but it’s a “stablecoin summer” as adoption of the digital dollar increases, payments giant Stripe said in its annual letter on Tuesday.
Bridge, the stablecoin orchestration platform that Stripe acquired in 2024, saw transaction volume more than quadruple last year, according to the letter.
The company also said it will “soon” launch the mainnet of Tempo, the payments-focused blockchain it is developing with crypto firm Paradigm and began testing in December.
Stripe has increasingly focused on bringing crypto technology to its payments network, seeing stablecoins as an alternative for cross-border transfers and programmable payments. Stablecoins are a $300 billion class of cryptocurrencies pegged to fiat money like the US dollar that use blockchains for faster and cheaper settlement.
Their usefulness has led to stablecoins being decoupled from cryptocurrency market cycles, the payments company wrote. While bitcoin fell 50% from its October peak and lost 6% in 2025, stablecoin payments volume doubled to around $400 billion, with around 60% resulting from business-to-business transactions, he said, citing a recent report from McKinsey and Artemis.
“Stablecoin payments are quietly and inexorably advancing as real-world adoption continues apace,” the company wrote in the letter.
Highlighting the growing demand for stablecoins, Meta (META), the parent company of Facebook, Instagram and Whatsapp, plans to launch its own stablecoin later this year with a third-party partner, CoinDesk reported on Tuesday.
Stripe said businesses processed $1.9 trillion on its platform last year, up 34% from 2024. The company also announced a takeover bid valuing it at $159 billion.
Read More: Stripe Stablecoin Firm Bridge Secures Initial National Banking Trust Charter Approval
