Stripe holds early talks with banks on stablecoin use

Stripe holds early talks with banks on stablecoin use 2024 quarterly transfer volumes of stablecoins vs. Visa and Mastercard. Source: CEX.io

Payment giant Stripe has reportedly held early discussions with banks about potentially integrating stablecoins, signaling growing acceptance in global banking.

After debuting stablecoin-based accounts in 100 countries in early May, Stripe has noticed significant interest in stablecoins — cryptocurrencies tied to fiat currencies like the US dollar — from global banks.