Stripe Launches Stablecoin Pilot Outside U.S., Targeting $3.7 Trillion Global Market
New Payment Frontier: Stripe Unveils Stablecoin Initiative for Global Businesses
Stripe is making a bold move into stablecoin payments, officially launching a pilot program for businesses outside the U.S., U.K., and E.U., CEO Patrick Collison announced on April 26.
The program marks the culmination of nearly a decade of planning. Collison revealed that the company is now inviting select businesses to test its new stablecoin payment tool, setting the stage for a broader global rollout.
Strategic Expansion After Bridge Acquisition
The announcement follows Stripe’s recent regulatory approval to acquire Bridge, a payments platform founded by former Coinbase executives Zach Abrams and Sean Yu. Bridge offers cutting-edge infrastructure that challenges traditional systems like SWIFT, making it easier and faster for companies to conduct cross-border transactions.
“We’ve been thinking about stablecoins for almost 10 years,” Collison shared on social media. “Now the time is right to test it in real-world conditions.”
The pilot program targets companies beyond Western financial hubs, highlighting Stripe’s ambition to tap into fast-growing economies that are increasingly open to digital payment alternatives.
A Red-Hot Stablecoin Market Beckons
Stripe’s entry comes amid a global stablecoin boom. Traditional finance giants and crypto-native firms alike are racing to grab a share of the market, which Citigroup analysts predict could swell to $3.7 trillion by 2030—if regulators provide a supportive framework.
In a recent report, Citi likened stablecoins to a potential “ChatGPT moment” for blockchain adoption, underlining the technology’s game-changing potential for financial infrastructure.
Stripe’s historical connection to crypto runs deep. In 2014, it became the first major payment processor to support bitcoin payments. However, the company eventually dropped BTC support, citing high transaction fees and slow processing times.
Now, with the infrastructure and regulatory landscape maturing, Stripe appears ready to fully re-engage in the digital currency space, with stablecoins leading the way.
As Collison put it, the future of payments may no longer revolve around borders or traditional banks—but around blockchain, scalability, and stable value.
Share This