The Rise of Stablecoins and Stripe's Strategic Layout

Stablecoins are rapidly developing and becoming an important force in the global financial sector. Data shows that the trading volume of stablecoins has far surpassed that of traditional payment giants, with quarterly transaction amounts being more than double that of a well-known credit card company. This growth trend has garnered significant attention from traditional financial institutions.

Recently, a certain payment giant acquired a stablecoin API service provider for $1.1 billion, a move that has sparked widespread discussion in the industry. The acquired company was established only two years ago but has already secured an important position in the stablecoin field.

Stablecoin: An Emerging Financial Tool

Stablecoins are becoming one of the most promising applications in the Web3 space. Thanks to the popularity of smartphones and the development of blockchain technology, stablecoins are expected to become an important financial inclusion movement.

Stablecoins simplify the process of value transfer, and their transaction volume has exceeded that of traditional payment systems. Daily active address data shows that stablecoins account for nearly one-third of cryptocurrency usage, second only to decentralized finance (DeFi).

Currently, the total supply of stablecoins is approximately $170 billion, processing trillions of dollars in asset transactions annually. About 20 million addresses engage in stablecoin transactions each month, with over 120 million addresses holding a non-zero stablecoin balance. This data indicates that stablecoins are forming an emerging monetary system parallel to the traditional financial system.

The application scope of stablecoins is constantly expanding:

• Become one of the major purchasers of U.S. Treasury bonds
• Plays an important role in cross-border remittances
• Many major payment companies are developing stablecoin projects.
• Some countries are exploring the possibility of stablecoin payments.
• The application in non-cryptocurrency areas such as remittances, cross-border payments, and salary payments is increasing.

Strategic Layout of Payment Giants

The company acquired by a certain payment giant is a startup focused on stablecoin API development. This company offers a complete stablecoin payment solutions package, enabling traditional businesses to seamlessly integrate into stablecoin payment systems.

The main products of this company include:

1. Orchestration API: Helps Web2 companies integrate stablecoin payment and receipt functions, handling related compliance and technical issues.
2. Issuance API: Supports users in issuing their own stablecoin and provides investment options to enhance capital efficiency.
3. Stablecoin Cross-Chain Trading Service
4. Fiat/Cryptocurrency Deposit and Withdrawal Services
5. Virtual Bank Account Services

This system allows traditional users to more easily use stablecoins for payments and receipts, greatly improving the user experience. The company's clients include some well-known enterprises and institutions, with annual payment processing exceeding $5 billion.

The Cryptocurrency Layout of Payment Giants

Acquiring this stablecoin API company is an important step in the crypto strategy of the payment giant. Previously, this payment company had reopened its crypto payment gateway, allowing U.S. merchants to accept stablecoin payments from multiple blockchains.

The company's cryptocurrency payment services mainly include:

1. Support stablecoin payments through multiple blockchains.
2. Merchants can choose to receive payments in USD.
3. Integrated various payment scenarios, including checkout, payment components, and API.

This payment company has also established partnerships with multiple cryptocurrency companies to expand its influence in the crypto space.

Industry Competitive Landscape

Other payment giants are also actively laying out the stablecoin market. A well-known payment company has issued its own stablecoin on multiple blockchains and is promoting the development of its ecosystem. Another payment company focuses on Bitcoin-related businesses and has a diversified layout in the cryptocurrency field.

Future Outlook

The rapid development of stablecoins is changing the global financial landscape. Traditional financial institutions and technology companies are entering this field, and more mergers and innovations are expected in the future. Stablecoins are expected to become an important bridge connecting traditional finance and the crypto economy, promoting further development and innovation of the global financial system.