Stripe, a global payments platform, is building its first stablecoin financial product for companies based outside the United States, the United Kingdom, and Europe. The move could help further expand the footprint of the Dollar in global markets. 

The new stablecoin product will be powered by Bridge. In October 2024, after receiving regulatory approval, Stripe purchased the stablecoin payments infrastructure firm for $1.1 billion. 

Stripe Building New Stablecoin Product 

Stripe co-founder Jeff Weinstein and CEO Patrick Collison confirmed the project on X. Collison posted an invitation for companies interested in testing the solution, adding that the company had wanted to build such a product for over a decade. 

“We've wanted to build this product for around a …