🌙 Stripe Steps Into Stablecoins

Stablecoin Financial Accounts will allow users to send, receive, and store stablecoins within Stripe in more than 100 different countries.

Author

Mike Gavela
May 07, 2025

Crypto Roundup - May 7

The crypto market remained steady after the Federal Reserve announced it would keep interest rates unchanged, offering a brief moment of stability amid broader economic uncertainty. Meanwhile, Stripe made a significant move into the stablecoin sector by enabling USDC transactions on Ethereum and Solana, signaling a potential wave of mainstream adoption. Separately, the Solana Name Service revealed plans to airdrop 40% of its new token supply to users, aiming to boost ecosystem participation and decentralization.

Top Stories

  • Stripe enters stablecoin payments by supporting USDC on Ethereum and Solana, marking a major fintech move into crypto.

  • Fed keeps interest rates unchanged, prompting a stable response in major crypto markets.

  • Solana Name Service announces airdrop of 40% of its token supply to users, reinforcing decentralized engagement.

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TOP STORIES

Trillion-Dollar Fintech Giant Stripe Steps Into Stablecoins - "The Defiant"

The financial infrastructure company is stepping into the stablecoin arena, allowing users to hold stablecoins and send funds via crypto or fiat rails.

thedefiant.io/news/defi/trillion-dollar-fintech-giant-stripe-steps-into-stablecoins

Solana Name Service to Airdrop 40% of Token Supply - "The Defiant"

The SNS airdrop will distribute 20% of the SNS supply to early supporters, with an additional 20% reserved for participants in the upcoming “LFG Campaign.”

thedefiant.io/news/defi/solana-name-service-to-airdrop-40-of-token-supply

Crypto Market Holds Steady as Fed Keeps Rates Unchanged - "The Defiant"

Bitcoin nears $97,000, while altcoins like KAITO and Alpaca Finance lead gains.

thedefiant.io/news/markets/crypto-market-holds-steady-as-fed-keeps-rates-unchanged

FUNDRAISING

IntoTheBlock and Trident announce merger, raise $25M for new firm

Sentora aims to create an ecosystem focused on institutional investors' DeFi needs, as more players in the space seek M&A consolidation.

blockworks.co/news/sentora-merger-raise-25m

OTHER HEADLINES

Bitcoin for Shares? Strive Asset Management Unveils Listing Plans, Treasury Strategy - Decrypt

Strive Asset Management is adopting Bitcoin as a treasury reserve asset after pushing other firms to do the same, unveiling a reverse merger.

decrypt.co/318414/bitcoin-shares-strive-listing-plans-treasury

Robinhood Plans Blockchain to Trade US Assets in Europe

Robinhood Markets Inc. is developing a blockchain-based platform that will allow retail investors in Europe to trade US securities such as stocks, according to two people familiar with the matter.

www.bloomberg.com/news/articles/2025-05-07/robinhood-said-to-plan-blockchain-to-trade-us-assets-in-europe

Bitcoin Price (BTC) Analysis: Stagflation Could Be Bullish

Holding rates steady, the U.S. central bank took note of the possibility of higher inflation and unemployment.

www.coindesk.com/markets/2025/05/07/fed-stagflation-risk-signal-could-be-bullish-for-bitcoin-analyst-says

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