{"id":51092,"date":"2021-10-12T20:38:34","date_gmt":"2021-10-12T17:38:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51092"},"modified":"2025-09-02T21:49:51","modified_gmt":"2025-09-02T18:49:51","slug":"stripe-to-open-crypto-division-three-years-after-halting-bitcoin-support","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/stripe-to-open-crypto-division-three-years-after-halting-bitcoin-support\/","title":{"rendered":"Stripe to open crypto division three years after halting Bitcoin support"},"content":{"rendered":"<p>Stripe has announced a recruitment drive for developers and designers in its cryptocurrency division, \u201cto build the Web3 payments of the future.\u201d<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re starting a new crypto team at <a href=\"https:\/\/twitter.com\/stripe?ref_src=twsrc%5Etfw\">@Stripe<\/a>. I\u2019m hiring engineers and designers to build the future of Web3 payments: <a href=\"https:\/\/t.co\/A40QPCw3XG\">https:\/\/t.co\/A40QPCw3XG<\/a>. <a href=\"https:\/\/t.co\/ygYTrA125T\">pic.twitter.com\/ygYTrA125T<\/a><\/p>\n<p>\u2014 Guillaume Poncin (@gponcin) <a href=\"https:\/\/twitter.com\/gponcin\/status\/1447948308907913218?ref_src=twsrc%5Etfw\">October 12, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>It will be led by Guillaume Poncin, the former head of Stripe&#8217;s Banking and Financial Products development. According to the <a href=\"https:\/\/stripe.com\/jobs\/search?q=crypto\">crypto job listings<\/a>, the new division will require at least four employees.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abWe are seeking experienced developers in the cryptocurrency space, inspired by the opportunity to have a significant impact on how users interact with digital assets\u00bb, the payments company&#8217;s website says.<\/p>\n<\/blockquote>\n<p>In early 2018 Stripe halted Bitcoin support due to sharp price volatility and long transaction confirmation times.<\/p>\n<p>Later, Stripe president John Collison did not rule out reinstating support for the leading cryptocurrency in the future.<\/p>\n<p>At the end of 2019 Stripe exited Facebook&#8217;s Diem project.<\/p>\n<p>In February 2021, former Bank of England governor Mark Carney <a href=\"https:\/\/forklog.com\/en\/news\/former-bank-of-england-governor-joins-stripe-board\">joined<\/a> the board of directors of the payments processor. In this role, he initiated consideration of launching a national digital currency.<\/p>\n<p>In June, John Collison <a href=\"https:\/\/forklog.com\/en\/news\/stripe-chief-says-he-is-a-bitcoin-fan-three-years-after-halting-support-for-the-asset\">named<\/a> himself and Stripe as \u201cardent enthusiasts of Bitcoin\u201d.<\/p>\n<p>Follow ForkLog on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stripe announced it is recruiting developers and designers for its cryptocurrency division to build the Web3 payments of the future.<\/p>\n","protected":false},"author":1,"featured_media":51093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1519],"class_list":["post-51092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-stripe"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=51092"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51092\/revisions"}],"predecessor-version":[{"id":51094,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51092\/revisions\/51094"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/51093"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=51092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=51092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=51092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}