Payment giant Stripe announces a tender offer, allowing current and former employees to sell their shares. The company’s valuation reaches $159 billion. By 2025, Stripe’s total platform transactions are projected to reach $1.9 trillion, a 34% increase year-over-year.
Stablecoin business has become a key highlight. Its stablecoin platform Bridge saw trading volume increase more than fourfold last year. Last week, Stripe also obtained an OCC national bank trust license to expand its stablecoin operations. Co-founders John and Patrick Collison stated in their annual letter that, according to a McKinsey report, stablecoin payment volume doubled last year to approximately $390 billion, describing the current situation as a “stablecoin summer” following the crypto winter.
Additionally, Stripe and Paradigm’s joint development of the dedicated stablecoin blockchain Tempo is still in the testnet phase. Visa, Nubank, and Shopify have participated in testing, and the mainnet is expected to go live soon.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Pi Network version 21 released; mainnet RPC and smart contract acceleration are advancing
Pi Network released version 21 on April 9. The key update is that the testnet RPC has officially gone live, providing developers with a secure environment to test smart contracts and DApps. Next, smart contracts are expected to be deployed within two months, enabling Pi幣 to transition from a community token into a functional digital asset and to support DeFi applications and automated workflows, while also advancing the KYC migration to ensure compliance.
MarketWhisper10m ago
Pi Network Launches RPC Server on Testnet for Smart Contracts
Pi Network has introduced a new tool for developers. The project has launched an RPC server on its testnet. This update is an important step toward building smart contracts and real applications on the network
For now, the feature is only available in the test environment. Still, it shows that Pi
Coinfomania42m ago
Ethereum Researchers Float ‘Block-in-Blobs’ Upgrade to Cut Validator Data Load
Ethereum researchers propose EIP-8142, aiming to encode transaction data directly into blobs, reducing validators' data processing load and addressing scalability issues. This shift could enhance network efficiency while prompting broader architectural considerations.
CryptoNewsFlash49m ago
7K DeFi Brings Full-Featured DeFi to Your Phone With Sui Network Launch
7K DeFi opens to the public April 9 at 8am UTC with something unusual for mobile: a full suite of decentralized finance tools that don’t require you to hand over your private keys. The platform, built on Sui Network, combines swaps, limit orders, dollar-cost averaging, lending, and yield farming in
BlockChainReporter56m ago
Covenant AI announces its exit from the Bittensor network, questioning its governance being centralized.
Covenant AI announced that it is exiting the Bittensor network, questioning the authenticity of its decentralized governance structure and believing that decision-making power is centralized and lacks transparency. In recent subnet operations, it encountered improper behavior such as adjustments to management privileges. It believes this is inconsistent with the principles of decentralization. Covenant AI will continue to push forward in the direction of decentralized AI training.
GateNews57m ago
WLFI responds to lending concerns, saying there is no liquidation risk; next week it plans to submit an early token unlock governance proposal
WLFI’s official response to market concerns says there is no liquidation risk, and that it relies on adding collateral to handle market volatility. Current annualized revenue is about $159.5 million, and it is set to buy back 435 million WLFI tokens. Next week, it will put forward a governance proposal to discuss unlocking early locked tokens and upgrading the USD1 feature.
GateNews1h ago
