Stripe is considering partnering with banks to drive the development of stablecoin payments.

Blockbeats
30 May

BlockBeats News, May 30th, Global payment company Stripe's co-founder and president, John Collison, recently stated in an interview with Bloomberg that the company has had preliminary discussions with multiple banks regarding stablecoin integration.

He mentioned: "In the future, a significant portion of our payment transactions will be carried out through stablecoins." Earlier this year, Stripe acquired stablecoin technology startup Bridge for $1.1 billion, which later released the USD-pegged stablecoin USDB. Meanwhile, Stripe has also launched stablecoin account services in over 100 countries worldwide. Collison emphasized that stablecoins can address issues such as high cross-border transaction fees and long processing times in traditional payments.

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