Crypto hiring restarted at Stripe after a 3-year gap

Karthik Subramanian

Stripe, the large payments company, has begun to start hiring for a new crypto team as it plans to re-enter the crypto ecosystem though in which direction it is going to sail this digital asset foray is not known as yet.


The company was one of the first large entities to declare support to bitcoin way back in 2014 but then it had to give up its forway in about 4 years as it could not make much headway as the adoption of cryptos at that time was pretty low and it was also felt that bitcoin was more a store of value rather than something that can be used as a means of exchange. So, it has sat out the last 3 years while the crypto ecosystem continued to develop and transform, and with the market maturing during this period and the users also entering into the industry in droves, it has pushed to re-enter this space again.

Details of what this entry is going to entail are not known as yet and it is learnt that it is going to have only a 4-member team as of now, which when compared to the 4000 employees that it has overall, is merely a drop in the ocean. The company supports thousands of merchants all across the globe who find its intuitive and simple API very easy to integrate into their payments platform and the end-users also find it easy to work with and operate. So, the company has the power to reach out to millions of merchants and users at the same time and if it does decide to offer this crypto payment option on its entire platform, that would be a huge boost for the crypto industry in the long term.

It would also be interesting to see its choice of a blockchain network that it will be using for its foray into this space as the networks do know the kind of influence that Stripe wields amongst its users and hence would be clamouring for its attention. This is further proof that the move of cryptos into the mainstream is happening at the moment and there seems to be no going back. The only thing that is holding back its mass adoption is the looming threat of regulation and depending on how the authorities consider crypto, it is only going to be a matter of time before mass adoption sets in.

Read this next

Digital Assets

BlackRock digs further into crypto with metaverse ETF

BlackRock, the world’s largest asset manager with almost $10 trillion in AUM, is set to launch a new metaverse ETF to help investors securely monetize on the booming immersive version of the internet.

Digital Assets

Binance wins license in New Zealand as rival Huobi shutters derivatives

Binance, the world’s largest crypto exchange by traded volume, has obtained licenses to operate in New Zealand, even after rival Huobi shutdown derivatives trading last month due to concerns about regulations.

Retail FX

Hong Kong busts perpetrators of ‘ramp and dump’ scam

Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has charged thirteen suspects of market manipulation in a joint operation with the local police.

Institutional FX

TradingView integrates market data from German Tradegate exchange

TradingView announced that it ‎has increased data coverage to allow its users to receive information from ‎and get free access to the intra-day and tick data from Tradegate Exchange.

Retail FX

Spotware Systems introduces Custom Push Notifications for cTrader mobile apps

Spotware Systems, a technology provider for the electronic trading industry, is introducing a new push notification feature to alert mobile users of price swings and market fluctuations through their cTrader app.

Market News

The Week Ahead: 30 September from David Madden, Market Analyst at Equiti Group

Sterling dominated the headlines last week, as there were concerns the UK government might struggle to service its debt.

Inside View

How does the quality of signal providers affect your business?

A must-have onboarding process for brokers with investment services like PAMM, MAM, or copy trading


DBS deploys Nasdaq Trade Surveillance

“The confidence that markets and our clients have in DBS as a safe and trusted banking group is anchored on our ability to detect and respond to anomalous activity, which in turn calls for a robust surveillance and prevention infrastructure.”

Industry News

SEC charges Justin Costello and David Ferraro for securities fraud and posing as billionaire veteran

The Securities and Exchange Commission charged Cannabis executive Justin Costello and David Ferraro, an associate of Costello’s, for promoting the stock of several microcap companies on social media without disclosing their own simultaneous stock sales as market prices rose.