Stripe, the rapidly expanding payment platform, is venturing into stablecoin technology with a new native coin. CEO Patrick Collison announced the company’s intention to develop a stablecoin, a move fueled by its decade-long vision and now poised for launch. The stablecoin will leverage the infrastructure of Bridge Network, an acquisition completed in February 2025, for secure fiat-to-stablecoin payment channels targeting businesses and financial institutions. This new development comes amidst growing interest in stablecoins from fintech companies like PayPal’s PyUSD initiative and Tether’s push into broader financial applications. Stripe is aiming to simplify global payments by providing a seamless experience for both individual users and large businesses, further bolstering its position as the preferred payment platform for major brands and organizations alike.