"Stripe Developing New Stablecoin Product"

Source
JH Kim

Summary

  • Stripe is developing a new stablecoin product and plans to start beta testing soon.
  • Last October, Stripe acquired Bridge for $1.1 billion.
  • This development is said to be an important stepping stone for Stripe's entry into the virtual asset payment market.

On the 25th (local time), according to SolidIntel, global online payment company Stripe is developing a new stablecoin product and is expected to start beta testing soon.

Previously, Stripe acquired the stablecoin payment startup Bridge, founded by former Coinbase executives, for $1.1 billion last October.

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JH Kim

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