Stripe and Swift race to control the next generation of global payments infrastructure

CoinDesk·

Stripe and Swift race to control the next generation of global payments infrastructure

60-second summary

Stripe and Swift are racing to control the next generation of global payments infrastructure, with recent moves indicating a heightened competition between the two established finance companies. This week's developments have crypto and blockchain experts taking notice, as the two giants vie for dominance in the digital payments space, potentially reshaping the industry landscape.

Crypto and blockchain experts say this week's moves show the two established finance companies are increasingly competing for control of the infrastructure behind digital payments.