Stripe now hiring a crypto team years after ending BTC support


The cryptocurrency space is rapidly growing, and more fintech companies are now offering crypto trading services to their clients
Payment company Stripe is hiring a cryptocurrency team in a bid to start offering crypto trading services again. This latest development comes three years after the company ended support for Bitcoin across its platforms.
Stripe previously offered Bitcoin services on its platform. However, it ended the support three years ago, missing out on Bitcoin’s bounce as the leading cryptocurrency raced to an all-time high of nearly $65,000 earlier this year.
The fintech firm is now looking to re-enter the cryptocurrency space and offer services to its clients. Stripe’s new cryptocurrency team will be headed by Guillaume Poncin, the company’s former head of engineering for banking and financial products.
According to a LinkedIn post, the Stripe exec is looking to hire at least four people to join the new team and chart the company’s cryptocurrency strategy. Stripe said the engineers would be tasked with designing and developing the core components the company needs to support cryptocurrency use cases.
Stripe stated its desire to start providing excellent cryptocurrency trading services to its clients once again. The company is not new to the cryptocurrency space, having provided support for BTC a few years ago.
However, during the 2018 bear market, Stripe ended support for Bitcoin on its platform. At the time, Bitcoin was struggling to trade around the $10,000 region. The leading cryptocurrency has since experienced a more than 500% increase in price and reached a new all-time high above $64,000.
The past year has also seen numerous fintech firms enter the crypto space. PayPal and its subsidiary, Venmo, are now offering crypto trading services, allowing users to buy and sell BTC and a few other digital currencies.
Revolut,, MoneyLion and Robinhood are some of the other leading fintech companies that are also offering crypto-related services to their clients.

Keep updated with our round the clock and in-depth cryptocurrency news.
Unsub anytime
No SPAM ever!
After signing up, you may also receive occasional special offers from us via email. We will never sell or distribute your data to any third parties. View our privacy policy here.
Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. We may receive financial compensation from these third parties. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services.
Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. contracts for difference (“CFDs”) is speculative and carries a high level of risk. Each investment is unique and involves unique risks.
CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.
Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Your capital is at risk.
When trading in stocks your capital is at risk.
Past performance is not an indication of future results. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. If you are unsure, seek independent financial, legal, tax and/or accounting advice. This website does not provide investment, financial, legal, tax or accounting advice. Some links are affiliate links. For more information please read our full risk warning and disclaimer.


Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Post

Researchers propose new framework to value DeFi projects

Next Post

Total cryptocurrency market cap touches $2 trillion again

Related Posts