Global Stock News

Stripe doubles down on blockchain, stablecoins to become ‘AWS for money,’ crypto head says

Stripe doubles down on blockchain, stablecoins to become ‘AWS for money,’ crypto head says

Global payments giant Stripe is building what it calls the “AWS for money,” and crypto tech is at the center of that plan.

Speaking at the RWA Summit in Cannes, France, Adrien Duchâteau, Stripe’s head of crypto go-to-market, said the company is now integrating stablecoins and blockchain across its core payment stack as it looks to modernize how money moves globally.

“We’re putting product by product more of our stack onchain,” he said.

The move builds on the firm’s long, if uneven, history with crypto. Stripe was one of the earliest major tech companies to embrace bitcoin , enabling BTC payments as early as 2014 before pulling back in 2018 as volatility made it impractical for merchants, Duchâteau said. The company…

Source link

Share this article

Scroll to Top