Stripe co-founder John Collison stated that banks are showing strong interest in stablecoins following Stripe’s May 2025 rollout of stablecoin-based accounts across 100+ countries. Collison emphasized that financial institutions increasingly view stablecoins as viable tools for global payments, not just hype. Stripe’s $1.1 billion acquisition of stablecoin platform Bridge boosted its capabilities with assets like USDC and USDB. Major banks including JPMorgan and Citigroup are exploring similar integrations. However, regulatory bodies like the European Central Bank warn of reputational risks. Stripe’s move signals a broader trend of stablecoins gaining traction in mainstream finance amid growing demand for efficient cross-border payments.