John Collison News

26.04 / 10:51

Stablecoin Crypto Payment USDC Stripe to Resume Crypto Payments, Starting with USDC Stablecoin on Numerous Blockchains

Fintech giant Stripe has announced its decision to once again allow customers to accept cryptocurrency payments after a six-year break.

06.05 / 03:59

markets Blockchain UPS Platform isolate More than 90% of stablecoin transactions aren’t from real users, study finds

stablecoin transaction volumes aren’t coming from genuine users, according to a new metric co-developed by Visa Inc., suggesting such crypto tokens may be far away from becoming a commonly used means of payment. The dashboard from Visa and Allium Labs is designed to strip out transactions initiated by bots and large-scale traders to isolate those made by real people. Out of about $2.2 trillion in total transactions in April, just $149 billion originated from “organic payments activity,” according to Visa.

25.04 / 20:57

Blockchain COST Ethereum economy President Bitcoin Stripe lets merchants accept stablecoins

After switching on support for bitcoin in 2014, Stripe ditched crypto, saying that crazy price fluctuations and higher fees rendered it as unusable as a form of payment. Speaking at the company's Global Internet Economy conference, president John Collison revealed: "We’re excited to announce that we’re bringing back crypto as a way to accept payments, but this time with a much better experience." Merchants will be able to accept stablecoin payments from this summer, although initially this will be restricted to Circle's USDC on the Solana, Ethereum and Polygon blockchains. Said Collinson: "Crypto is finding real utility.

16.06 / 12:07

COST Twitter Target Bitcoin valuations Money 20/20 EU: Stripe's John Collison on crypto and fintech valuations

Stripe’s original proposition, to enable payments in minutes with a few lines of code, means it is often one of the first tools used by new Internet businesses. First, they fix Internet payments with Stripe, then they run into the next blocker - tax for example, or cashflow - Stripe is looking to use its position to help in all of these inter-connected areas.But is crypto part of that mix, and does it remove or add friction?According to Collison the problem with crypto is, “it is a movement as much as a technology. And that bothers crypto sceptics".

09.06 / 10:31

IPO Digital CEO Software consolidation 'The mood is very grim': Once-hot fintech sector faces IPO delays and consolidation

AMSTERDAM — Financial technology companies are putting IPO plans on hold and cutting expenses as fears of an impending recession cause a shift in how investors view the market.

08.06 / 11:31

COST Twitter Target Bitcoin valuations Money 20/20 EU: Stripe's John Collison on crypto and fintech valuations

22.04 / 16:17

Twitter Digital Platform Bitcoin Fintech giant Stripe jumps into crypto with a feature that lets Twitter users get paid in stablecoin

Stripe will allow businesses to pay their users via cryptocurrencies, starting with Twitter, in the latest sign of how large financial firms are warming to digital assets.

11.03 / 13:45

Adoption defi Stripe Bitcoin Support Stripe’s Support for Crypto is Back, NFT Support Launched As Well

Payments giant Stripe has launched support for cryptoassets and non-fungible tokens (NFTs), while crypto exchange FTX and its US arm also signed with Stripe for payments and know-your-customer (KYC) services.

19.01 / 04:01

Ford CEO Strategy Deal Ford signs five-year payments deal with Stripe for e-commerce drive

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24.11 / 14:25

COST Digital Bitcoin open Support Stripe says it's open to accepting crypto for payments, three years after ending bitcoin support

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23.11 / 16:39

COST IPO Bitcoin Stripe co-founder says the $95 billion fintech giant is 'very happy' staying private

Online payments giant Stripe is still in no rush to go public, with co-founder John Collison telling CNBC the company is happy staying private for now.

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