3 days ago
Payment Firm Stripe in Early Talks With Banks About Stablecoins
Stripe Inc. has held early discussions with banks about their potential use of stablecoins, the latest sign that the digital assets are playing an increasingly central role in global money movement.
The talks come as Stripe has debuted a number of products related to stablecoins in recent months, including a platform allowing fintechs to quickly start their own stablecoin-linked card programs for customers, according to John Collison, the co-founder and president of the payments giant. There are currently about $243 billion of stablecoins — digital assets designed to maintain a constant value against a currency like the dollar — in circulation.
