stripe

According to CoinDesk, global payment company Stripe is expanding its stablecoin card business worldwide, betting that the digital dollar can become another payment method for consumers and businesses beyond traditional currency.Henri Stern, head of Stripe's stablecoin and crypto business, stated that the company expects its stablecoin card program to cover over 100 countries by the end of the year. Current clients include cryptocurrency exchange Kraken, fintech company Ramp, and payment app Morse. According to Paymentscan data, the stablecoin spending through cards last month was approximately $1.2 billion, doubling from a year ago.Stern mentioned that Stripe's strategy is to integrate stablecoins into its existing infrastructure. Since 2018, the company has issued over 400 million cards, processing hundreds of billions of dollars in card transaction volume. Its stablecoin business combines card issuance with the stablecoin infrastructure company Bridge, which was acquired for $1.1 billion in 2024.Additionally, Stripe has acquired the crypto wallet infrastructure company Privy and partnered with crypto investment firm Paradigm to develop a blockchain called Tempo specifically designed for payments, while also being a founding investor in the Open Standard that is developing Open USD.Stern noted that many projects currently use Circle's USDC, but Stripe intends to remain "completely stablecoin neutral and completely blockchain neutral." He stated that stablecoins should be another option within existing products for businesses, rather than a separate crypto technology stack that needs to be learned.

Open Standard announces the official launch of the dollar stablecoin OUSD, allowing enterprises and developers to use OUSD to build internet-native financial services and products such as banking, cross-border payments, settlement, and institutional trading.OUSD currently offers 4 integration paths, with related APIs and tools covering services such as settlement, payment orchestration, trading, foreign exchange, wallets, and bank cards. All channels support free minting and burning of OUSD at a 1:1 dollar exchange rate. Enterprises can currently access it through the Mastercard, Stripe, and Visa Stablecoin Platform, with Coinbase integration set to open on October 1.OUSD will natively support Base, Ethereum, Solana, and Tempo, and will first launch on centralized and decentralized trading platforms such as Coinbase, Kraken, and Uniswap. OUSD is issued by Bridge, a subsidiary of Stripe, with reserve assets held at BlackRock, Lead Bank, and Bank of New York Mellon, with reserve proofs to be published monthly. Open Standard currently has over 200 financial institutions, fintech companies, banks, and global corporate partners.

According to Digital Asset, global payment company Stripe has added support for Samsung Pay on the Android side for its cryptocurrency fiat purchase service Crypto Onramp in the React Native SDK version 0.75.0, covering payment configuration, availability checks, payment method collection, and integration examples.Android applications developed with React Native can access Samsung Pay, allowing users to purchase cryptocurrency using fiat currency through this payment method. Previously, the service supported payment methods such as credit cards, debit cards, Apple Pay, Google Pay, and ACH bank transfers.

Ripple announced the expansion of its XRP Ledger developer suite to support the Machine Payment Protocol (MPP) co-developed by Stripe and Tempo, as well as the open wallet standard. The XRPL AI Starter Kit version 1.1 adds this support, enabling AI agents to use tokens like XRP and RLUSD to pay for online services such as data and computing power. Jazzi Cooper, head of RippleX products, stated that Ripple's goal is for XRP and RLUSD to become the preferred payment options for developers when building applications.MPP allows AI agents to pay on demand: the service provider quotes a price for the request, and after the agent authorizes the payment, the service provider delivers the resources. This standard was co-authored by payment company Stripe and payment chain Tempo. Ripple has supported another network payment standard, x402, since June, and now supports both standards simultaneously. The open wallet standard allows agents to initiate transactions without accessing private keys and includes security mechanisms such as spending limits and whitelisted destinations.XRP payment channels are suitable for small, high-frequency payment scenarios, allowing agents to deposit XRP once, run hundreds of payment queries, and authorize small expenditures sequentially, enabling the service provider to collect cumulative payments without having to put each query on-chain. Currently, single payments support tokens like RLUSD, but continuous payment sessions are limited to XRP, and incorporating stablecoins into the channel depends on the proposed ledger upgrade. This payment software is still in the testing phase.

Decentralized wallet infrastructure service provider Privy has launched a stablecoin card prefab component. The project can be embedded into the cardholder experience within the application after a single integration, and it collaborates with Stripe to issue the stablecoin card. The official statement claims that it currently covers over 25 issuing markets, with plans to expand to over 100 by the end of the year.Users can spend directly from their Privy wallet or DeFi vault balance without needing to pre-fund a separate card account. The issuing bank is Lead Bank, the project manager is Bridge, and Stripe provides the issuance services.

Gate, the global cryptocurrency exchange, has launched the Gate Card, a Visa prepaid card product, in collaboration with Bridge and Stripe, significantly reducing the implementation period to about 6 months, compared to the over one year estimated by traditional banking partners.The Gate Card is issued by Lead Bank and allows users to top up with stablecoins and spend on the global Visa network. The card can be added to Apple Pay and Google Wallet. Previously, Gate had launched card products in overseas markets, but faced complexities related to compliance and multi-party coordination in the U.S. market.Gate US COO Laura Lui stated, "Bridge serves as a critical coordinating layer among different participants, allowing Gate US to focus on customers, product experience, and overall business strategy." Gate US views the Gate Card as an early step in a broader stablecoin payment strategy, with potential plans to issue its own stablecoin in the U.S. through Bridge's stablecoin platform in the future.

According to Bloomberg, citing informed sources, a consortium formed by private equity firm Advent and payment processor Stripe has decided to abandon its acquisition of fintech pioneer PayPal Holdings Inc. This potential deal could have become one of the largest leveraged buyouts in history.Informed sources said that the group is no longer pursuing the acquisition of PayPal. Previously, insiders had indicated that the consortium had made an offer of over $50 billion. Relevant individuals requested anonymity as the information has not been made public.

According to Security Affairs, Ransomnews researchers have recorded a large-scale Stripe merchant API key leak incident, with keys exposed in public code repositories, GitHub Actions logs, and misconfigured web servers, identifying over 50,000 unique keys in total. Sample tests show that a significant portion is still active, allowing attackers to commit fraud within hours.The report states that on August 18, 2026, a data trading forum released a dataset containing valid Stripe API keys for 659 merchant accounts and approximately 35 GB of customer and payment data. Ransomnews has conducted offline analysis and reported it to Stripe before publication. Stripe itself was not breached; the keys belong to the merchants. Researchers were able to access merchant customer lists, create fraudulent payment links, and complete a $1 test charge within 17 hours after discovering valid keys.Valid keys can list customers and stored payment methods, create charges and payment intents, initiate refunds to attacker-controlled accounts, modify webhook endpoints to intercept payment notifications, and access associated accounts when Stripe Connect is enabled. The main sources of the leak include hardcoded keys in GitHub repositories and unignored .env files, unmasked environment variables in GitHub Actions build logs, and about 12% of over 3,000 misconfigured servers containing usable keys.

According to Axios, payment giant Stripe stated in a letter to investors that January 1 marks "the beginning of a singularity," viewing it as a significant turning point in a long-term trend, and believes that maintaining a private structure is best suited for this critical moment, with the IPO likely to remain on hold. The company reported a 41% year-on-year revenue growth in the first half of the year and a 43% increase in free cash flow; 88% of the companies in Forbes AI 50 (including OpenAI and Anthropic) are building on its platform, with revenue from AI and crypto companies more than doubling year-on-year.Stripe also confirmed the acquisition of the AI routing platform OpenRouter, with the transaction amount not publicly disclosed; Axios learned that the amount exceeds $8 billion and is primarily paid in stock. Stripe stated that remaining private helps advance mergers and acquisitions and long-term investments without diluting shareholders, with its equity count now lower than three years ago, and a compound annual return of about 31% since the D round. The company stated that the total payment volume on its platform is expected to reach $1.9 trillion by 2025, a year-on-year growth of 34%; in February this year, the employee stock purchase valuation was approximately $159 billion. There are also reports that Stripe is in discussions with Advent International to acquire PayPal for about $53 billion.

AWS announced that the Amazon Bedrock AgentCore payments service is officially fully available (GA). This service collaborates with Coinbase and Stripe, enabling AI agents to autonomously pay for paid APIs, MCP, and content services with just a few lines of code. AgentCore payments integrates Coinbase and Stripe Privy wallets, supporting small transaction payments in USDC stablecoin. Users can recharge the agent wallet and authorize the agent to spend using credit cards or USDC.The service supports the x402 protocol and MPP protocol, with a new "upto" payment scheme that allows agents to set spending limits instead of fixed prices, enabling dynamic billing based on actual reasoning usage. It includes built-in payment session limits (maximum spending per interaction and expiration time), which will be rejected if exceeded, and integrates AgentCore Observability to provide visual dashboards for transaction audit logs, success rates, and average transaction values.Related features have been integrated with CDNs such as Amazon CloudFront and Cloudflare, and clients such as Anchor Browser, SpreadX, and Travala are already using this service. AgentCore payments is now available in multiple regions, and developers can integrate it through the console, CLI, and open-source frameworks like LangGraph and OpenClaw. The launch of this service is a key step in the evolution of AI agents from "reasoning and action" to "autonomous transactions."

The payment app Krak under Kraken has launched its multi-asset debit card in the United States, after the card was previously launched in the United Kingdom and the European Economic Area (EEA). The card is built in collaboration with Stripe and can be used at all merchants that accept Visa.Users can earn up to 2% cashback in USD or Bitcoin and are able to hold and spend over 600 types of currencies and assets. Krak aims to provide users with a convenient payment experience between crypto assets and fiat currencies.

According to Business Insider, Stripe is in talks to acquire the AI model marketplace startup OpenRouter for over $8 billion.If the deal goes through, the more than 17% stake held by Andreessen Horowitz (a16z) will be worth nearly $1.5 billion, while it initially invested about $20 million; Menlo Ventures holds over 6% of the stake, having invested less than $50 million, and its current value has exceeded $500 million. The total return for the two institutions is close to $2 billion.

Market news indicates that Stripe is about to acquire the artificial intelligence company OpenRouter for over $7 billion. The final price of the acquisition may still fluctuate.It is reported that OpenRouter was established in 2023 and is positioned as an AI infrastructure platform that connects users with various large language models, allowing developers to call AI models from companies such as OpenAI, Anthropic, and Google through a unified interface, and choose different models based on performance, price, and availability.If the deal is completed, it will become one of Stripe's significant moves in the AI field in recent years. Stripe has previously focused mainly on payment infrastructure, financial services, and enterprise software, and the acquisition of OpenRouter may further drive its expansion into the AI developer infrastructure sector.Additionally, the tokenized asset data platform RootData shows that OpenRouter co-founder Alex Atallah is also a co-founder and CTO of OpenSea.