Patrick Collison, CEO of Stripe, characterised AI and stablecoins as powerful forces reshaping the global economy, calling them “gale-force tailwinds” that businesses must adapt to

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It also rolled out a new Payments Foundation Model, an AI system trained on tens of billions of transactions to better detect fraud and improve authorization rates.

Our job is to pull these technologies forward so businesses on Stripe can benefit from them right away.”

There are not one, but two, gale-force tailwinds, well off the Beaufort scale, dramatically reshaping the economic landscape around us: AI and stablecoins," Patrick Collison, Stripe's co-founder and CEO, said in the announcement.