Stripe says stablecoin adoption soars despite 'crypto winter'
Summary
Stripe reported that its stablecoin orchestration platform, Bridge, acquired in 2024, experienced a quadrupling of transaction volume throughout the previous year, indicating that stablecoin adoption is decoupling from volatile crypto market cycles. Despite Bitcoin's decline, stablecoin payment volume doubled to approximately $400 billion, with about 60% stemming from business-to-business transactions, highlighting their growing real-world utility for cross-border transfers and programmable payments. Furthermore, Stripe plans to soon launch the mainnet of Tempo, its payments-focused blockchain, and noted that Meta is also planning to launch its own stablecoin.
(Source:CoinDesk)