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Stripe, Visa, Mastercard Scale Stablecoin Payments; Stripe Spent $1.1B on Bridge in February

GateNews
Partnerships & Ecosystem
MA2.25%
ARC1.31%
AVAX-8.62%
ETH-7.32%

On June 3, CoinDesk reported that Stripe, Visa, and Mastercard are expanding stablecoin payment infrastructure. According to people familiar with the matter, the three companies are advancing related services across multiple blockchain networks.

Stripe acquired Bridge infrastructure firm for $1.1 billion in February 2025. Mastercard acquired stablecoin company BVNK and obtained a BitLicense from New York's financial regulator. Visa expanded stablecoin support to five additional blockchain networks—Arc, Base, Canton, Polygon, and Tempo—beyond existing chains including Avalanche, Ethereum, Solana, and Stellar.

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