Stripe is developing a USD stablecoin product

Patrick Collison, CEO of global payment platform Stripe, announced that the company is developing a USD-based stablecoin product, mainly targeting markets outside the United States.

Previously, Stripe was approved to acquire the stablecoin payment network Bridge for $1 billion in October 2024, and the acquisition was completed in February 2025. Bridge was founded in 2022 by two former Coinbase executives, Zach Abrams and Sean Yu, and primarily competes with the SWIFT global payment system.

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Stripe is developing a USD stablecoin product

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Recommended for you

BTC breaks $90,000

The US spot Bitcoin ETF saw a net inflow of $54.8 million yesterday.

The US spot Ethereum ETF saw a net outflow of $75.2 million yesterday.

Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.

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He Lifeng held a video call with U.S. Treasury Secretary Bessant and Trade Representative Greer.

Hassett: No discussion with US President Trump regarding the Federal Reserve Chair (selection)

White House National Economic Council Director Hassett: It's Time for the Fed to Cautiously Cut Interest Rates

The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.

Social media platform "X" has been fined €120 million by the European Union for violating content regulations.

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