Stripe is working on a new payments-oriented blockchain called Tempo, developed in collaboration with venture capital firm Paradigm, according to an August 11 Fortune report. The stealth project came to light through a now-deleted job listing on the Blockchain Association’s career site, which disclosed early details of the initiative. Tempo ...
Shopify is set to roll out stablecoin payment support for USD Coin (USDC) later this month, marking its most significant step into crypto integration to date. As first reported by Fortune on June 12, the e-commerce giant will enable select U.S. merchants to accept USDC—Circle’s dollar-pegged stablecoin—shortly after Circle’s recent ...
Global fintech giant Stripe has rolled out stablecoin-powered accounts to users in over 100 countries, marking a major leap in digital finance adoption—especially in regions grappling with inflation and limited banking access. According to the company's May 7 announcement, The new offering enables Stripe clients to send, receive, and hold ...
Sequoia Capital and several other venture capital (VC) firms are reportedly set to generate hundreds of millions of dollars in returns from Stripe's recent acquisition of the stablecoin infrastructure platform Bridge. According to Bloomberg, Sequoia holds a 16% stake in Bridge after an initial investment of $19 million in the ...
Payment processing giant Stripe has completed its acquisition of the stablecoin payments platform Bridge for $1.1 billion, according to TechCrunch founder Michael Arrington. Earlier reports indicated that Stripe had been in talks with the Texas-based Bridge platform, which specializes in stablecoin services, to bolster its crypto offerings. While both companies ...
Payments giant Stripe is reportedly in talks with Texas-based stablecoin payments platform Bridge to enhance its range of cryptocurrency services. According to a recent Bloomberg report, the discussions are still ongoing. However, no official agreement has been reached, and both companies have remained tight-lipped about the potential deal. If Stripe ...
Stripe, the online payment behemoth, has expanded its digital asset services to European customers. As of July 16, 2024, consumers across the European Union can now purchase Bitcoin, Ethereum, and other cryptocurrencies using Stripe-issued credit or debit cards. According to a report from The Irish Independent, Stripe has introduced a ...
