according to the portal - By Coincu
An unconfirmed rumor suggests that Stripe, a leading payment service provider, may enter the L1 blockchain space, as initially suggested by an unnamed user on X. No official statement supporting this development has been released.
Speculation has arisen amid Stripe's focus on AI initiatives and stablecoin integration, rather than on creating blockchains. This aligns with their recent focus announced during Stripe Sessions 2025, which has not demonstrated any public announcements regarding blockchains.
Stripe's potential move into the blockchain space fuels market speculation.
Rumors are circulating that Stripe is allegedly creating an L1 blockchain to compete with major players like Robinhood and Coinbase. This assumption comes from an unnamed user on X, but there are no official confirmations or details from Stripe's management. Stripe's known enterprises are focused on expanding AI platforms and stablecoins.
Industry insiders are responding with caution, as no fintech at Stripe's level has successfully launched an L1 blockchain. Experts point to potential risks, noting that Stripe's recent official statements prioritize the development of stablecoins. However, this circulating rumor is attracting interest from the crypto community.
Patrick Collison, CEO of Stripe: "There are not one, but two tailwinds of storm force, far beyond the Beaufort scale, that are radically changing the economic landscape around us: AI and stablecoins. Our job is to push these technologies forward, so companies on Stripe can benefit from them immediately." — Stripe Sessions 2025
The focus on stablecoins remains amid L1 speculation.
Did you know? Previous fintech achievements mainly concern innovations in stablecoins and AI. Comparable to PayPal's PYUSD, they are linked to existing stablecoin networks rather than new L1 initiatives, creating a unique context for rumors about Stripe.
According to CoinMarketCap, USDC maintains a stable price of $1.00, and its market capitalization as of July 7, 2025, is $62.08 billion. With a dominance of 1.85%, the 24-hour trading volume showed a significant increase of 103.40%, indicating growing activity and reliance on stablecoins amid unstable market conditions.
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