TRADITIONAL FINANCE GIANT STRIPE IS GOING ALL IN ON CRYPTO ‼️
264The Next Bull Cycle Is Coming ! 👇🏼
This could trigger a full bull cycle once people realize what’s really happening. Stripe, the world’s largest payment processor, is trying to acquire a FinTech firm focused on stablecoins. Whether the deal goes through or not, the key is that they’re diving into the stablecoin space.
And that’s not all—Stripe has partnered with Coinbase, the only publicly traded crypto exchange in the U.S. If you know the history of USDC, you’ll know that its roots are deeply tied to Coinbase. Together, they’ve worked to strengthen their hold on the stablecoin market.
It gets even more interesting when you realize that Circle, the company behind USDC, has had employees working directly with the Federal Reserve. Now, we’re looking at a major collaboration between Coinbase, Stripe, and the Fed to push forward a government-backed USD crypto coin.
This coin will be launched on Coinbase’s layer 2 solution called Base, and that’s where all the money is heading.