ChainCatcher news, Stripe's product manager Jeff Weinstein posted on X that they are launching a software development kit (SDK) specifically built for AI agents. This toolkit supports large language model (LLM) calls to payment, billing, issuance, and other APIs, integrating with Vercel, LangChainAI, CrewAIInc, and allows the use of any model through functions.

ChainCatcher news reports that sources reveal venture capital firms will profit hundreds of millions of dollars from Stripe Inc.'s acquisition of the crypto platform Bridge for $1.1 billion in cash and stock.Institutions including Sequoia Capital, Ribbit Capital, Bedrock Fund Management, Index Ventures, and Haun Ventures have seen multiple returns on their investments in this startup. When Stripe agreed to acquire Bridge, it had been established for less than three years.Among them, Sequoia Capital holds a 16% stake in Bridge, potentially profiting over $100 million. It is reported that Sequoia Capital invested $19 million in Bridge's Series A funding round last year.Ribbit holds about 10% of Bridge, valued at approximately $100 million, while Bedrock and Index Ventures each hold about 6%, and Haun Ventures holds 4%. (Bloomberg)

ChainCatcher news, according to CoinDesk, investment bank Bernstein pointed out in its latest research report that the acquisition of Bridge by payment giant Stripe validates the application value of stablecoins on public blockchains. The report states that with the improvement of blockchain scalability, stablecoins have become a major application scenario for blockchains, especially in the field of cross-border payments. Bernstein analyst Gautam Chhugani's team indicated that cryptocurrency-based USD stablecoins are currently the most cost-effective method for cross-border payments, with costs only 1-2 basis points.Previous news, Stripe acquired the stablecoin platform Bridge for $1.1 billion, marking the largest acquisition in the cryptocurrency space. The report emphasizes that companies like Bridge play a crucial role in building API software, enabling businesses to integrate stablecoin payments into their regular payment experiences. Investment bank Architect Partners stated in a report on October 21 that this transaction highlights the growing recognition of the market for stablecoin-based payments and their significant advantages, noting that non-cryptocurrency companies are also increasing their use of stablecoins.

ChainCatcher news, payment giant Stripe has launched and supports USDC payments, accepting stablecoin payments from over 150 countries. Buyers can pay USDC from Ethereum, Solana, and Polygon chains, allowing U.S. businesses to receive dollars directly.In the future, this feature can be combined with checkout, content, or payment intent (as well as upcoming subscriptions). This feature is now available to hundreds of thousands of U.S. businesses and will expand to more countries and regions in the future.

ChainCatcher news, cryptocurrency exchange Bitstamp is collaborating with financial infrastructure platform Stripe to support Stripe's fiat-to-cryptocurrency gateway in the European Union. This partnership enables EU consumers to purchase cryptocurrencies through customizable widgets that developers can embed into applications or websites.This widget provides a seamless checkout experience optimized for cryptocurrency conversion and instant settlement. Bitstamp will handle the conversion and transfer from fiat to cryptocurrency, expanding its services and strengthening the role of cryptocurrency in digital payments. Stripe's gateway supports Bitcoin, Ethereum, Solana (SOL), XLM, and USDC.

ChainCatcher news, financial service provider Stripe has expanded its cryptocurrency integration to the European market, allowing local customers to purchase cryptocurrency using credit or debit cards.Stripe stated that online vendors can add a "widget" for cryptocurrency purchases on their websites, which will handle fees, disputes, and KYC regulatory requirements associated with online cryptocurrency transactions.Stripe's crypto chief John Egan said this expansion enables crypto companies to help European consumers "quickly and easily purchase cryptocurrency."

According to ChainCatcher news, Coinbase has announced a partnership with payment giant Stripe to increase on-chain adoption and provide faster, cheaper financial infrastructure.Stripe will add support for Base in its crypto product suite, offering users faster and cheaper remittance services, while Coinbase will integrate Stripe's fiat-to-cryptocurrency gateway in Coinbase Wallet, allowing users to purchase cryptocurrency instantly using credit cards and Apple Pay.

According to ChainCatcher news, as reported by CoinDesk, the cryptocurrency trading platform Backpack, founded by former FTX and Alameda executives, has appointed Oliver Sleafer as its new Chief Financial Officer (CFO). Oliver Sleafer joined Backpack last October as the head of finance.Two years ago, he served as the Head of Liquidity Management for the Asia-Pacific region at payment company Stripe, and prior to that, he held the same position at Swiss banking giant Credit Suisse for five years.

ChainCatcher news, according to Decrypt, the crypto payment service provider Alchemy has hired former Stripe Web3 head Guillaume Poncin as the engineering director. Poncin will be responsible for the engineering and technical management of Alchemy's existing products and new products, as well as expanding services.Guillaume Poncin launched fiat-to-crypto channels and cross-border payment products using stablecoins at Stripe.

ChainCatcher news, financial infrastructure platform Stripe announced the launch of the Stripe-hosted fiat-to-crypto gateway (onramp), making it easier for Web3 companies to help U.S. customers purchase cryptocurrency. Additionally, Stripe is opening the gateway to all Web3 users, including those who joined the waitlist in the past few months.Furthermore, Stripe has partnered with several crypto companies, such as the self-custody Brave Wallet, 1inch, and the decentralized social platform Lens. (source link)

ChainCatcher news, OpenAI has partnered with payment giant Stripe, which will provide payment and subscription services for AI tools like ChatGPT and Dall-E.Previous report, payment giant Stripe completed a $6.5 billion Series I funding round at a valuation of $50 billion, with investors including a16z, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, Thrive Capital, GIC, Goldman Sachs, and Temasek. (Source link)

ChainCatcher news, payment giant Stripe has completed a $6.5 billion Series I funding round at a valuation of $50 billion, with investors including a16z, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, Thrive Capital, GIC, Goldman Sachs, and Temasek.Stripe stated that this round of funding will not be used to expand its business, but rather to provide liquidity for former and current employees and to address employee withholding tax obligations related to equity incentives. (Source link)

ChainCatcher news, according to the technology news site The Information, payment giant Stripe is set to raise $3 billion at a valuation of $55-60 billion, with New York investment firm Thrive Capital becoming the lead investor in the latest funding round. The Information states that the $3 billion funding is expected to provide some breathing room for the payment company and alleviate the pressure of going public, occurring as Stripe weighs the options of an IPO or direct listing.In addition, The New York Times reports that the venture capital firm is expected to inject about $1 billion into Stripe. The report indicates that due to Stripe's current valuation of approximately $55-60 billion, it has significantly decreased from the previous round's valuation of $95 billion. (The Information)