Stripe may be eyeing the L1 blockchain space based on social media speculation, but the company has not made any public announcements. Experts express doubt regarding such moves, citing previous fintech failures in similar domains.
Currently, Stripe prioritizes stablecoin advancements, seen in USDC’s steady price at 1.00 USD and market cap of 62.08 billion USD. The company’s efforts reflect a commitment to enhancing existing stablecoin infrastructure rather than diving into new blockchain ventures.
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