Stripe’s crypto expansion aligns with a broader trend of traditional banks exploring stablecoin-based services.

Quotes that support claims

Stripe co-founder and President John Collison told Bloomberg that, based on his conversations with global financial institutions, banks are showing growing interest in stablecoins.

The fintech acquiring additional technology aimed at growing its footprint in digital assets coincides with a wave of traditional banks and financial institutions pursuing crypto-related ventures with a specific interest in U.S. dollar-pegged stablecoins.