Share this article
Stripe Co-Founder Is 'Enthusiastic' About Bitcoin, 3 Years After Ending Its Support
John Collison said all approaches to cross-border transactions, including crypto, need to be pursued in "parallel."
Updated Sep 14, 2021, 1:11 p.m. Published Jun 16, 2021, 2:13 a.m.
John Collison, the president and co-founder of payments processor Stripe, said he and his company are "extraordinarily enthusiastic bitcoin fans."
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
When asked by Bloomberg TV host Emily Chang on Tuesday whether Stripe's thinking had evolved from its decision to stop supporting bitcoin payments in 2018 , Collison said crypto has always been "fairly nuanced."
"If you think of the kind of world that crypto people and we are trying to bring about, I think it's a very related set of goals," Collison said.
Collison noted that only 22% of global commerce occurred via cross-border transactions and had some ways to go before they scaled up alongside demand.
"We are stuck down at this level where only a fifth of interactions are cross border," he said. "Crypto is one very exciting direction for trying to solve that."
Collison also said while his company is trying to make it easier to handle non-locally based payment methods such as Alipay, all approaches to cross-border transactions, including crypto, need to be pursued in "parallel."
See also: Stripe Partnering With Goldman, Citigroup, Others to Offer Checking Accounts, Services: Report
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Proposed ‘AfterDark’ Bitcoin ETF Would Skip U.S. Trading Hours
The fund would hold bitcoin only overnight, betting on data showing bitcon gains mostly occur outside regular market hours.
What to know:
- Nicholas Financial has filed with the SEC to launch a bitcoin ETF that holds BTC only during overnight hours.
- The “AfterDark” ETF buys bitcoin after U.S. stocks close for the day and then sells bitcoin and shifts into Treasuries during the American session.
- Data shows bitcoin tending to perform better when traditional U.S. markets are closed.
Top Stories
