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Stripe doubles down on blockchain, stablecoins to become 'AWS for money,' crypto head says

CoinDesk
Stripe is integrating stablecoins and blockchain into its core payment infrastructure to modernize global money movement and become the "AWS for money."

Summary

Stripe is aggressively integrating blockchain and stablecoin technology into its core payment stack to improve the speed and efficiency of global transactions. By aiming to become the "AWS for money," the company seeks to replace slow, expensive legacy systems like SWIFT with real-time settlement solutions. Following strategic acquisitions like Bridge and the launch of the Tempo blockchain, Stripe is enabling merchants and platforms to adopt crypto-based payments, specifically targeting emerging markets where traditional banking rails often fail.

(Source:CoinDesk)