Stripe Exploring Blockchain, Builds Team for Crypto Payments

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp
Share on telegram
Telegram

Where Ted Talks end, Truth Talks begin.
Defending democracy by defending free speech

Opinion pieces don’t necessarily reflect the position of our news site but of our Opinion writers.

Stripe Exploring Blockchain, Builds Team for Crypto Payments

By Crypto Global News

Financial technology firm Stripe, a leading payments solutions provider in the U.S. as well as other regions, is now re-exploring blockchain integration with its services.

The firm, which began its foray into crypto with Bitcoin back in 2014, later withdrew support for the alpha cryptocurrency, citing slow transaction times and soaring transaction fees. Stripe later added that it was concerned that a viable crypto payments integration was not on the horizon, because, at the time, the development of the Lightning Network was still ongoing.

Stripe also cited the potential of projects emerging from or in parallel to the Ethereum blockchain, although at the time, decentralized finance had not yet matured to what it is now.

It appears that the payments firm, now valued at over $100 billion, is re-entering the crypto and blockchain space, or is preparing to do so on a massive scale. According to a job listing on Stripe’s own website, the firm is fielding potential candidates for four engineering positions which require experience in the crypto sector. Guillaume Poncin, Stripe’s Head of Engineering for Crypto, took to Twitter to announce the opening:

According to the listing, the open roles will help “ […] lay the foundation to support and inform Stripe’s crypto strategy,” and would require over a decade of experience in “designing and engineering large-scale systems.”

Stripe says that the crypto space has a growing need for “better building blocks” to accept payments, move funds, and exchange between fiat and crypto, among others. The firm claims that, with its renewed initiative into the crypto space, these needs may be addressed with “faster, more trustworthy, and higher quality crypto-enabled experiences.”

John Collison, Stripe co-founder and president, quoted Poncin’s tweet and said:

“Stripe and crypto have grown up at the same time; we started writing code the year after the Bitcoin paper dropped. We’ve always kept an eye on things (e.g. bitcoin support 2013-2015) but last few years’ developments (L2s, new chains, stablecoins, DeFi) are particularly exciting.”

Collison has hinted on Stripe’s crypto strategies sometime in June, when he stated in an interview with Bloomberg TV following his company’s $95 billion valuation, that people and crypto and Stripe are similar in that both are trying to resolve difficulties that have similar solutions.

“If you think of the kind of world that crypto people and we are trying to bring about, I think it’s a very related set of goals. We are stuck down at this level where only a fifth of interactions are cross border, crypto is one very exciting direction for trying to solve that,” Collison said.

Stripe’s latest initiatives of building into the crypto scene follows its competitors recent moves, with Square, PayPal, and Mastercard all engaging the crypto sector in recent months with multiple projects and partnerships. Stripe’s renewed interest in crypto will likely accelerate mass adoption of the technology, with its payments platform currently servicing over 784,256 active websites.

Opinion pieces don’t necessarily reflect the position of our news site but of our Opinion writers.

*Note We Deliberately Miss Spell Some Words or Add Capital Letters To Get Around Big Tech Censoring.

Support the ANR from as little as $8 – it only takes a minute. If you can, please consider supporting us with a regular amount each month. Thank you.

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp
Share on telegram
Telegram

Related News

Where Ted Talks end, Truth Talks begin.
Defending democracy by defending free speech

Subscribe for free to our ANR news emails and access 2 free ebooks plus Reports to share with family and friends about Covid fraud and the danger of the vaccines.

Help us help defend free speech and save democracy from the World Economic Forum planned Totalitarian Great Reset.

and help us expose the Covid Fraudsters

One Response

Leave a Reply

Your email address will not be published. Required fields are marked *

Documentary: Died Suddenly (2022)

Play Video

McIntyre Report
Political Talk Show

Episode 157

Episode 157

How you can advertise on Truthbook.social

Help us help defend free speech and save democracy from the World Economic Forum planned Totalitarian Great Reset.

and help us expose the Covid Fraudsters

Ukraine. Military Summary And Analysis 23.01.2023

Raw Report

Ryan Jackson Saw show

in USD

in AUD

in GBP

in CAD

Jamie McIntyre

ANR on

Currency Exchange Rates in AUD

Live and updated every minute of the day

Nurses Speak Out

Get our free News Emails on latest articles, alerts and solutions for both legal templates and ways to help fight back against the Globalists vax Mandates , and health resources to boost your immune system and ways to Protect from deadly EMF 5G radiation and more.

FREE E-BOOKS AND REPORTS ALSO

ANR Meme Report

with Nadine Roberts

Episode 002

21st Century Political System

Play Video

Editor's Pick

Thank you for visiting the
Australian National Review

To continue accessing more articles for free simply enter your email address

Watch Full Documentary

Download the Full PDF - THE COVID-19 FRAUD & WAR ON HUMANITY