Payment Giant Stripe Prepares Stablecoin Launch Amid Crypto Expansion

Stripe is officially making its move into the stablecoin space, signaling a new chapter for the global payment giant.

CEO Patrick Collison confirmed on April 25 that the company is developing a stablecoin-based product, a project that had reportedly been under internal discussion for nearly a decade.

Rather than rushing to market, Stripe waited for what Collison described as the right conditions to launch. Although full details are still under wraps, early indications suggest the first phase will focus on markets outside the U.S., EU, and UK.

This expansion follows Stripe’s $1.1 billion acquisition of Bridge earlier this year, a firm specializing in stablecoin infrastructure. Bridge’s technology is set to underpin Stripe’s upcoming digital currency offerings, providing the backbone for faster and cheaper cross-border transactions — a natural evolution for a company already processing billions across 135 currencies worldwide.

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Stripe’s timing aligns with a broader trend in the financial sector, as stablecoins gain traction among both fintech giants and traditional institutions. Players like PayPal have already stepped into the space, and analysts at Standard Chartered predict the stablecoin market could surpass $2 trillion by 2028 if regulatory clarity continues to improve.

In the U.S., lawmakers are advancing two major pieces of legislation — the STABLE Act and the GENIUS Act — aimed at establishing stricter rules for stablecoins, including liquidity standards and anti-money laundering safeguards. These efforts could boost confidence in dollar-backed digital assets and solidify the greenback’s leadership in the evolving world of digital finance.

Alexander Stefanov