Banks ‘very interested’ in stablecoin use — Stripe exec

Stripe’s president confirms growing interest in stablecoins from banks, but adoption would still require more green lights from regulators.

Payment giant Stripe has reportedly held early discussions with banks about potentially integrating stablecoins, signaling growing acceptance in global banking.

After debuting stablecoin-based accounts in 100 countries in early May, Stripe has noticed significant interest in stablecoins — cryptocurrencies tied to fiat currencies like the US dollar — from global banks.

“In the conversations we have with them, they’re very interested,” Stripe co-founder and president John Collison said in an interview with Bloomberg News on May 30.

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