Stripe to Launch USD Stablecoin for Global Markets Beyond US, UK, and Europe

Description

Global payments giant Stripe is developing a U.S. dollar-backed stablecoin aimed at companies operating outside the United States, United Kingdom, and Europe. Stripe CEO Patrick Collison confirmed the initiative in a recent post on X , inviting businesses to participate in early testing of the product. The announcement follows Stripe’s regulatory approval to acquire Bridge, a stablecoin payments network designed to rival traditional banking systems and SWIFT-based transfers. Bridge was co-founde...