Stripe's Patrick Collison Announces Stablecoin Product for Global Use, Beta Testing Soon

Stripe Inc. is developing its first stablecoin-focused financial product, aimed at companies outside the US, EU, and UK. The product will enable these companies to store, send, and receive digital dollars globally. Interested companies can contact Stripe at stablecoins@stripe.com or reach out to @BackseatVC for participation in the beta testing, which is starting soon.

Stripe CEO Patrick Collison confirmed that the company has been planning to build this product for about a decade, and it is now ready to enter the testing phase.

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