Stripe is developing U.S. dollar stablecoin products "
According to online reports, Patrick Collison, CEO of global payment platform Stripe, announced that the company is developing a dollar-based stablecoin product mainly for markets outside the United States. Previously, Stripe was approved to acquire the stablecoin payment network Bridge for US$1 billion in October 2024, and completed the acquisition in February 2025. Bridge was founded in 2022 by two former Coinbase executives, Zach Abrams and Sean Yu, and competes mainly with SWIFT's global payment system.
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