Stripe's Collison Hints Service Might Accept Crypto as Method of Payment
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Nov. 24, 2021

Stripe, an Irish-American financial service, might soon once again start accepting cryptocurrency as a method of payment, Stripe Co-Founder, John Collison, said at the Fintech Abu Dhabi festival. As per CNBC, Collison noted there have been a lot of developments of late "with an eye to making cryptocurrencies better and, in particular, scalable and acceptable cost as a payment method."

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"Crypto obviously means a lot of different things to a lot of different people," Collison added.

Ex-Bank of England Governor Joins Stripe

Collison's statement comes after the company listed a job post looking for a staff engineer to build the core components that Stripe is needed to "support crypto use cases." The Dublin-based company claimed it was assembling a new cryptocurrency-focused team so that the company can create "crypto-enabled experiences." However, details of the initiative are yet to be disclosed.

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