Former Bank of England governor joins Stripe board

Mark Carney, who led the Bank of Canada and the Bank of England from 2008 to 2020, has become a member of Stripe’s board of directors.

We’re delighted to add Mark Carney to Stripe’s board: https://t.co/ad8xpUaYo0.

Mark has served as Governor of both the Bank of England *and* Bank of Canada. He’s also the current UN Special Envoy for Climate Action.

We’re looking forward to building the Stripe of 2030 with him.

— Patrick Collison (@patrickc) February 21, 2021

As governor of the Bank of England, Carney initiated consideration of launching a national digital currency. Earlier he argued for creating a payments instrument modeled on Libra (since December 2020 — Diem), capable of replacing the US dollar as a reserve currency.

«Over the past decade, the nature of global trade has changed. Stripe has been and remains at the forefront of the new digital economy. I would be pleased to participate in building the global infrastructure that will allow the Internet to become a driver of economic growth», the former official commented on his appointment.

Stripe is counting on Carney’s experience in financial services and central-bank engagement. The payments company operates in several jurisdictions and works with dozens of banks.

As a reminder, in early 2018 Stripe stopped supporting Bitcoin due to price volatility and significant time costs.

Later, Stripe president John Collison did not rule out a return of support for the leading cryptocurrency in the future.

In late 2019 Stripe exited the Diem project (formerly Libra) from Facebook.

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