Stripe is creating a crypto-focused engineering team to 'build the future of Web3 payments'

The payment processing firm Stripe is looking for four engineers to form a new crypto-focused team. 

Stripe’s head of crypto engineering, Guillaume Poncin, announced the hiring search on Twitter Tuesday. ​​”We’re starting a new crypto team at @Stripe. I’m hiring engineers and designers to build the future of Web3 payments,” wrote Poncin. 

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The hiring move comes two years after Stripe’s CEO Patrick Collison said he was “very skeptical” of cryptocurrency. Stripe follows a growing number of traditional finance firms eyeing potential opportunities in the crypto market.

The engineering team will “lay the foundation to support and inform Stripe’s crypto strategy,” according to the job post, and will affect everything from Stripe’s user interface to its backend operations and even its payment and identity systems. 

The positions are limited to engineers based in the United States, who must also have a background developing in the crypto space in addition to more than 10 years of experience as an engineer.

About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.