From Cointelegraph
April 25, 2025 5:32 pm:

Stripe is developing a new US dollar stablecoin product for companies outside the US, UK, and Europe, expanding the dollar’s global reach. The move follows Stripe’s acquisition of Bridge, a stablecoin payments network founded by former Coinbase executives Zach Abrams and Sean Yu in 2022.

Stripe has a history with crypto, being the first major payments processor to integrate Bitcoin in 2014. It recently introduced stablecoin payments, partnering with Coinbase for fiat-to-crypto conversions. Stablecoins are pegged to assets like fiat currencies, with the US stablecoin market cap reaching $237.5 billion as of April 25, according to DefiLlama.

Read more at Cointelegraph: Stripe opens testing for new stablecoin product following Bridge acquisition