Stripe is exploring how stablecoins could reshape banking services, as the payment giant reportedly held preliminary discussions with financial institutions eager to tap into blockchain-based digital dollars.
According to sources cited by Bloomberg, several banks have expressed serious interest in embedding stablecoin capabilities into their offerings—reflecting a growing shift in sentiment among traditional financial players. Stripe co-founder John Collison confirmed the development, stating that banks are no longer viewing stablecoins as a passing trend, but rather a component worth integrating into their future products.
“This is not a fringe idea anymore,” Collison explained. “Financial institutions are proactively engaging with stablecoin concepts and how to adopt them into their infrastructure.”
The discussions follow a series of moves by Stripe to expand its presence in the digital asset space. In recent months, the company introduced new tools that allow fintech platforms to launch stablecoin-linked card products. This includes infrastructure that enables near-instant settlement using blockchain-based assets.
Stripe’s deeper foray into stablecoins includes the development of its own USD-pegged token. Built on technology from Bridge—a blockchain infrastructure startup Stripe quietly acquired last year—the stablecoin is reportedly ready for early testing.
Jennifer Lee, who leads Stripe’s crypto products, said the company is welcoming fintech firms outside the U.S., EU, and UK to participate in trials, especially those seeking streamlined access to U.S. dollars.
With over $240 billion worth of stablecoins already circulating globally, Stripe’s initiative marks another step toward bridging the gap between traditional finance and blockchain-driven payment rails.
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