People spent $1.2 billion in stablecoins through their cards last month. Triple the amount from a year ago. đł
Stripe just told CoinDesk it plans to take its stablecoin card programs to more than 100 countries by the end of the year. This is the company that has issued over 400 million cards and processed hundreds of billions in card volume since 2018 â now plugging digital dollars straight into that machine.
The tech stack runs on Bridge, the stablecoin firm Stripe bought for $1.1 billion, and Stripe says it will stay coin-agnostic: many card programs already run on $USDC, but it wants to support any stablecoin on any chain.
Henri Stern, the Privy CEO Stripe acquired last year, now runs all of Stripe's crypto and stablecoin work.
The sharp take: while crypto prices argue with each other, the payments giants are quietly turning stablecoins into everyday money. That is the adoption that actually matters.
Would you pay for your groceries in stablecoins if your card did it automatically?
#Stablecoins #CryptoAdoption #Payments
Stripe just told CoinDesk it plans to take its stablecoin card programs to more than 100 countries by the end of the year. This is the company that has issued over 400 million cards and processed hundreds of billions in card volume since 2018 â now plugging digital dollars straight into that machine.
The tech stack runs on Bridge, the stablecoin firm Stripe bought for $1.1 billion, and Stripe says it will stay coin-agnostic: many card programs already run on $USDC, but it wants to support any stablecoin on any chain.
Henri Stern, the Privy CEO Stripe acquired last year, now runs all of Stripe's crypto and stablecoin work.
The sharp take: while crypto prices argue with each other, the payments giants are quietly turning stablecoins into everyday money. That is the adoption that actually matters.
Would you pay for your groceries in stablecoins if your card did it automatically?
#Stablecoins #CryptoAdoption #Payments
