Stripe Enters Stablecoin Market with Bridge Technology Launch

Stripe, a leading payment processing platform, has launched a new stablecoin project powered by its acquisition of Bridge technology. Targeting global markets outside the US, UK and EU, this venture aims to disrupt cross-border payments and tap into a projected $3.7 trillion stablecoin market by 2030. Stripe’s innovative approach simplifies cross-border transactions using stablecoins, addressing a growing need for efficient international money transfers.