Stripe | Crypto

Privy’s technology, used by platforms like OpenSea and Blackbird, will be integrated into Stripe’s crypto tools.

The acquisition of Privy follows Stripe’s entry into the stablecoin market in 2024. Stripe has acquired Privy, a cryptocurrency wallet infrastructure developer, for an undisclosed amount, highlighting the global payment processor’s growing pivot toward digital assets.  Privy confirmed the acquisition on Wednesday in an announcement on social media that it will continue to operate as an independent product embedded within the Stripe ecosystem.  As part of Stripe, Privy will “keep building for developers building on crypto rails [but] now with more resources, flexibility, and firepower,” the company said. Read more

Stripe’s president confirms growing interest in stablecoins from banks, but adoption would still require more green lights from regulators. 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. “In the conversations we have with them, they’re very interested,” Stripe co-founder and president John Collison said in an interview with Bloomberg News on May 30. Read more

BTC nears $100k on trade news optimism. BTC exchange reserves dropping dramatically. Stripe introduces stablecoin financial accounts. Robinhood plans blockchain platform for trading. US banks can handle crypto custody assets: OCC. Revolut integrates BTC payments in Europe. Bailey raising $300m for BTC investment firm. Strive to move to BTC treasury. Metaplanet issues $25m bonds to buy BTC. ETH’s Pectra upgrade now live. Tether, Plasma collab on zero fee USDT transfers. Jupiter introduces transfers via link or QR code. Bybit’s BTC liquidity back to pre-hack levels. Tether treasury mints another $1bn USDT. $45m stolen from Coinbase users in last week. Moonpay collabs with TRON.

Stripe unveiled a new AI foundation model for payments and expanded support for stablecoins and embedded finance. The firm made the announcement at its annual Sessions conference, where it introduced more than 60 product updates. The enhanced stablecoin integration comes more than six months after the firm acquired Bridge for $1.1 billion. AI foundation model […] The post Stripe unveils AI foundation model for payments and deeper stablecoin integration appeared first on CryptoSlate.

Stablecoin demand is on the rise, with market capitalization surpassing $231 billion in May 2025. Stripe, a global payments platform, has introduced stablecoin-based accounts to clients in over 100 countries. According to a May 7 announcement, the new feature will allow the platform's clients "to send, receive, and hold US-dollar stablecoin account balances, similar to how a traditional fiat bank account works." The product's technical page shows that the new account feature will support Circle's USDC (USDC) and Bridge's USDB (USDB) stablecoins. Stripe acquired the Bridge platform in October 2024. The product will be available to clients in more than 100 countries, including Argentina, Chilé, Turkey, Colombia, and Peru, among others. Read more