The Ledger
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Collison: Stripe is building Tempo for scalable AI agent crypto payments
“The second, and this is where Tempo, our new initiative, That you guys were nice enough to work with us on is coming in is very scalable crypto payments, and obviously agents is what we have in mind as we're developing Tempo, where, you know, if you want to pa…”
Collison: Stripe is building SSH access directly into developer accounts
“And of course, now we're building that because it's like much more relevant in the agentic world”
Collison: Stripe acquired Privy and Metronome
“Since our last update, we acquired Privy, which powers more than a hundred and ten million programmable wallets, and Metronome, which powers the complex usage-based billing models used by companies like OpenAI, Anthropic, Confluent, and NVIDIA.”
Collison: Stripe Capital disbursed 45% more funds to 81,000+ businesses in 2025
“Last year, Stripe Capital distributed 45% more funds compared to twenty-twenty-four to more than 81,000 businesses.”
Stripe launches Machine Payments for agent API microtransactions via stablecoins
“We launched Machine Payments, a way for developers to charge agents directly for API calls, MCP usage, and HTTP requests using stablecoin microtransactions.”
Collison: Stripe is training a payments foundation model on network data
“What we're now doing is training a payments foundation model where we're using all the data that we have in the Stripe network, and you have a much larger, more capable model taking into account. So anyway, we are trying to do exactly what you're saying.”
Collison: Stripe is wiring merchant catalogs to be purchasable within AI copilots
“Part of what we're doing with this is making merchants product catalogs remotely discoverable and inventory and everything like that. And then remotely purchasable. Where you don't necessarily have to go through the whole flow on their site and everything like…”
Collison: Stripe is building a platform and open protocols for agentic commerce
“So we're building out this platform in agentic commerce where we have You know, some open source protocols like our agenda commerce protocol. We obviously have the regular Stripe products, you know, people are using us for, you know, and this, it's particularl…”
Collison: Stripe is open to pursuing hardware if a viable idea emerges
“Maybe Stripe should take on a hardware line of business. If we find one That's good enough. Like, we wouldn't be opposed to it. I think we just haven't had a good idea yet.”
Collison: Stripe modeled its internal project tracking tool on Shopify's GSD
“No, we took inspiration from GSD, your system, as we built out ours similarly, and having a centralized internal source of truth for projects that are going on is, Surprisingly helpful, and it feels like it shouldn't be, but it is.”
Collison: Stripe Atlas is not a major revenue generator for Stripe
“When we built Stripe Atlas for incorporation, there was no amazing projections behind that, that one day this would be a giant business. It's not a giant business for us by any kind of revenue metric, But we think it's very valuable because people start their …”
Collison: Stripe runs a weekly all-hands segment dogfooding its dashboard
“We do at our, like, little weekly All Hands Weaver recurring segment of Just Walk the Store, where we, like, click around in the dashboard together, and we're tripping over, like, why is that modal there, and that's a bit confusing or whatever, just so we're, …”