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Stripe has hired a new cryptocurrency executive, Drew Turchin, to lead its stablecoin cards business, he wrote in a social media post last week.
Stablecoins have found roles as a payments and value-storage medium, Turchin wrote last week in a LinkedIn post, announcing his new role with Stripe. "Cards are helping unlock the next step, making those balances instantly spendable in everyday life, anywhere cards are accepted," he said.
Turchin was previously head of business development and partnerships at Native Markets, a crypto startup which issued the USDH stablecoin with Hyperliquid. Turchin also was head of business developments, partnerships and ventures at Uniswap Labs, a cryptocurrency startup based in New York.
In May, New York-based Native Markets reached a deal for Coinbase to acquire certain **** ets of USDH, with that stablecoin being phased out in favor of USDC, the coin issued by Circle Internet Group.
#usdh
Stripe has hired a new cryptocurrency executive, Drew Turchin, to lead its stablecoin cards business, he wrote in a social media post last week.
Stablecoins have found roles as a payments and value-storage medium, Turchin wrote last week in a LinkedIn post, announcing his new role with Stripe. "Cards are helping unlock the next step, making those balances instantly spendable in everyday life, anywhere cards are accepted," he said.
Turchin was previously head of business development and partnerships at Native Markets, a crypto startup which issued the USDH stablecoin with Hyperliquid. Turchin also was head of business developments, partnerships and ventures at Uniswap Labs, a cryptocurrency startup based in New York.
In May, New York-based Native Markets reached a deal for Coinbase to acquire certain **** ets of USDH, with that stablecoin being phased out in favor of USDC, the coin issued by Circle Internet Group.
#usdh
5 days ago
