DoorDash and a group of fintechs are moving stablecoins into their live payment flows with Stripe-led blockchain Tempo, the latest sign that blockchain-based money is entering mainstream financial infrastructure. Payments-focused blockchain Tempo, developed by Stripe and venture firm Paradigm, said Tuesday in a blog post that companies including DoorDash, Stripe, Coastal Bank and Latin American…
It may be “crypto winter,” but it’s a “stablecoin summer” as digital dollar adoption booms, payments giant Stripe said Tuesday in its annual letter. Bridge, the stablecoin orchestration platform Stripe acquired in 2024, saw transaction volume more than quadruple last year, according to the letter. The firm also said it will “soon” launch the mainnet…
Bridge, the stablecoin platform owned by payments firm Stripe, was awarded a conditional approval from the US Office of the Comptroller of the Currency (OCC) to organize a federally chartered national trust bank. The move would place Bridge under direct federal oversight for its stablecoin and digital asset services at a time when US policymakers…
Stripe and Crypto.com have partnered to expand access to cryptocurrency payments. The integration allows Stripe-supported merchants to accept crypto payments through Crypto.com Pay, in what the companies described as a step toward merging digital assets with mainstream commerce. Stripe Adds Crypto Payment Option Through the new setup, customers will reportedly be able to pay directly…
TLDR: Stripe-backed Tempo integrates Chainlink CCIP to boost interoperability for its stablecoin payments network. Tempo expands rapidly with 40+ new partners delivering tools for wallets, compliance, and payment operations. The payments-first chain offers stablecoin gas fees, high throughput, and sub-second finality for global use. Enterprise partners like Visa, Deutsche Bank, and Shopify support Tempo’s push…
Christian Catalini, co-creator of Facebook’s Libra project, warned on Friday that Stripe’s Tempo and Circle’s Arc could succeed commercially but at the cost of crypto’s decentralization ideal. Launched in 2019, Libra was Meta’s bold bid to create a global digital currency backed by a basket of stable assets. The project promised to make payments as…
Advertisement     Stripe, a global payments platform, is building a new US dollar stablecoin product for companies outside the United States, the United Kingdom, and Europe. The product will be built using Bridge, the stablecoin payments platform Stripe acquired in October 2024 for $1.1 billion. Stripe Preparing To Test A New Stablecoin Product…
It’s been a busy week in crypto, from payments processor Stripe’s acquisition of stablecoin platform Bridge to Ripple’s co-founder donating $10 million in XRP to Kamala Harris’ US election campaign to the Pennsylvania House passing a bipartisan Bitcoin bill. Let’s take a closer look at these and give you a recap on what happened this…
Stripe, a US-headquartered payment processing firm, has sealed the acquisition deal for Bridge, a fintech startup specialising in moving money using stablecoins like Tether’s USDT and Circle’s USDC, by paying $1.1 billion, TechCrunch founder Michael Arrington confirmed. However, the companies are yet to make an official statement. Largest Crypto Deal to Date The $1.1 billion…
Payment processing giant Stripe is in talks to acquire Bridge, a fintech startup specialising in moving money using stablecoins like Tether’s USDT and Circle’s USDC, for $1 billion, Bloomberg reported, citing anonymous sources familiar with the discussions. However, the acquisition has not yet been finalised, and neither company has officially confirmed any move in this…