Stripe: Stripe Prepares to Launch Stablecoin Built on Bridge Platform

Stripe is developing a new stablecoin-based product using technology from Bridge, the payments infrastructure firm it acquired for $1.1 billion in October 2024, according to social media updates from company executives. Stripe CEO Patrick Collison confirmed the project on April 26, writing, "We've wanted to build this product for around a decade, and it's now [...]