TechFlow news, May 30 — According to CoinDesk, John Collison, co-founder and president of global payments company Stripe, said in a recent Bloomberg interview that the company has held preliminary discussions with several banks regarding stablecoin integration. He stated: "A significant portion of our payment transactions will eventually be conducted via stablecoins."
Earlier this year, Stripe acquired Bridge, a stablecoin technology startup, for $1.1 billion. The company subsequently launched USDB, a dollar-pegged stablecoin. Meanwhile, Stripe has already rolled out stablecoin account services in over 100 countries worldwide. Collison emphasized that stablecoins can address issues in traditional cross-border payments such as high foreign exchange fees and long processing times.
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