Stripe Tests New Stablecoin Project as $3.7T Market Emerges
Stripe Tests New Stablecoin Project as $3.7T Market Emerges
Stripe CEO Patrick Collison has announced that the stablecoin tool for companies outside the US, UK and EU is ready for testing.
Author: Francisco Rodriguez | Edited by: Aoyon Ashraf Updated: April 26, 2025, 6:13 PM Published: April 26, 2025, 5:31 PM

What you need to know:
- Stripe is inviting companies outside the US, UK and EU to test its new stablecoin product.
- Companies located outside the United States, United Kingdom and the European Union.
- The move comes after Stripe received regulatory approval to acquire Bridge, a stablecoin payments platform.
Stripe is preparing to test a new stablecoin-based payment solution for businesses outside the US, UK and European Union.
CEO Patrick Collison confirmed on social media that the company has been working on the initiative for nearly a decade and is now opening it up to early adopters.
The announcement follows Stripe receiving regulatory approval to acquire Bridge, a payments platform founded by former Coinbase executives Zack Abrams and Sean Yu. Bridge's infrastructure offers an alternative to traditional systems like SWIFT for international transactions.
Stripe’s stablecoin pilot comes at a time when companies ranging from crypto firms to traditional financial institutions are racing to enter the sector, looking to get a piece of the fast-growing industry. In fact, Citi has said stablecoins could be the “ChatGPT” moment for blockchain adoption, with the primarily U.S. dollar-focused market potentially growing to $3.7 trillion by 2030 with regulatory backing.
Stripe has a rich history with cryptocurrency. It was the first major payment processor to support Bitcoin transactions back in 2014, though it later dropped the feature due to slow transaction speeds and high BTC fees.
Read more: Stablecoins are a 'WhatsApp moment' for remittances, says a16z