Stripe just hit a $159 billion valuation — up 74% from $91.5 billion just one year ago. Every year, Patrick and John Collison run a secondary tender offer letting employees cash out, and every year, the number gets bigger.
This time, Thrive Capital, Coatue, a16z, and Stripe itself were the buyers. The big story behind the number though? Stablecoins. Global stablecoin payment volume doubled to $400 billion in 2025, with 60% of that coming from B2B payments alone.
Stripe saw this wave coming early — they acquired crypto wallet Privy, launched their own blockchain called Tempo, and their stablecoin platform Bridge more than quadrupled in volume. Still private. Still growing. Still printing.
