Particle.news
Download on the App Store

Stripe Partnerships Lead Connor Fitzgerald Steps Down

The exit comes as Stripe presses forward with regulated stablecoin payments built on its Bridge acquisition and new European licenses.

Overview

  • Connor Fitzgerald said on X that last week was his final week leading Stripe’s stablecoin and Bridge partnerships and that he will move on to work on onchain banking.
  • Fitzgerald said he joined Bridge shortly after Stripe’s roughly $1.1 billion acquisition and helped build a sponsor-bank backed stablecoin card program that reached more than 100 markets.
  • The program introduced the first U.S. stablecoin settlement flow and grew annualized payment volume from zero to tens of millions of dollars by scaling sponsor-bank and card-network relationships.
  • Bridge recently received Markets in Crypto-Assets authorization and an Electronic Money Institution license in Luxembourg, enabling euro-backed stablecoins, named virtual IBANs, and EU-wide euro accounts under one regulatory framework.
  • Visa has expanded cooperation to deploy stablecoin-backed Visa card programs in 100-plus countries by the end of 2026 and Stripe continues to integrate Bridge into its broader payments strategy while leadership shifts.