Stripe Just Opened $1 Trillion Market to Crypto

By Travis Hoium – Apr 30, 2024 at 5:00AM

NASDAQ: COIN

Coinbase Global

Market Cap

$49B

Today's Change

(5.22%) $10.40

Current Price

$209.57

Price as of May 17, 2024, 12:32 p.m. ET

Stablecoins are coming to Stripe this summer.

Stripe announced last week that it'll start accepting cryptocurrencies, specifically stablecoins, this summer. In this video, Travis Hoium covers why this is a tailwind for the industry and Coinbase (COIN 5.22%) long-term.

*Stock prices used were end-of-day prices of April 26, 2024. The video was published on April 28, 2024.

Travis Hoium has positions in Coinbase Global, Shopify, and Solana. The Motley Fool has positions in and recommends Coinbase Global, Shopify, and Solana. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.