# Stripe opens testing for new stablecoin product following Bridge acquisition - Host: [cointelegraph.com](https://links.thingelstad.xyz/hosts/cointelegraph.com/) - Saved: May 1, 2025 (2025-05-01T12:09:25Z) - Record: https://links.thingelstad.xyz/links/8e127645aa1a/ - JSON: https://links.thingelstad.xyz/links/8e127645aa1a.json ## What Jamie wrote Stripe had been working on this a few years ago and put the effort on hold. The utility makes a ton of sense for them. There was a lot of concern about how the US Government may treat stable coins that stopped it. Circle and USDC continued on and were fine. There is huge utility in crypto infrastructure using stable assets like this. By the way, there are other approaches to stable coins that don't require government backed currencies. [Rai Reflex](https://www.coingecko.com/en/coins/rai) is the one I've watched for years. It moves a little, but is a super interesting approach to the same use case. ## Facts - Kind: [Page](https://links.thingelstad.xyz/kinds/page/) ## Appears in - [WT317: Weekly Thing 317 / Assembly, Blogging, Cyberpunk](https://weekly.thingelstad.com/archive/317/), Notable ## Same host - [Discord drops Ethereum and NFT integration plans after backlash](https://links.thingelstad.xyz/links/8209f91a92c6/) (cointelegraph.com, November 18, 2021) - [More resilient and user-controlled than AWS: Colin Evran's vision for Filecoin](https://links.thingelstad.xyz/links/4808d38a765f/) (cointelegraph.com, September 22, 2022) - [Gnosis Chain spends $5M on validator incentive program for decentralization](https://links.thingelstad.xyz/links/b3ab088f1e16/) (cointelegraph.com, May 9, 2023) - [Another dormant Ethereum wallet reawakens after 8 years, moving millions](https://links.thingelstad.xyz/links/92ed50baa532/) (cointelegraph.com, June 1, 2023) ## Saved the same week - [ChatGPT crosses a new AI threshold by beating the Turing test | TechRadar](https://links.thingelstad.xyz/links/d0791e1f5231/) (techradar.com, May 1, 2025) - [Backfill your blog](https://links.thingelstad.xyz/links/d0074f537816/) (simonwillison.net, May 1, 2025) - [RSS Lookup - Find RSS feeds on any URL](https://links.thingelstad.xyz/links/cd0e47654459/) (rsslookup.com, May 1, 2025) - [Curry Programming Language](https://links.thingelstad.xyz/links/763fbec3d4d1/) (curry-lang.org, May 1, 2025) - [DeepWiki](https://links.thingelstad.xyz/links/f0f0f7983a29/) (deepwiki.com, May 1, 2025) ## Elsewhere - Wayback Machine: https://web.archive.org/web/*/https://cointelegraph.com/news/stripe-opens-testing-new-stablecoin-product-bridge-acquisition