Stripe Just Opened $1 Trillion Market to Crypto

Stripe announced last week that it would begin accepting cryptocurrencies, specifically stablecoins, this summer. In this video, Travis Hoium explains why this is a long-term negative development for the industry and Coinbase (NASDAQ: COIN).

*The stock prices used are the end of day prices on April 26, 2024. The video was published on April 28, 2024.

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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 receive compensation for promoting its services. If you choose to subscribe through their links, they will earn extra money supporting their channel. Their opinions are their own and are not influenced by The Motley Fool.

Stripe Opens $1 Trillion Market for Crypto was first published by The Motley Fool