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Stripe's Head of Crypto Business Resigns to Join Polygon Labs as Chief Product Officer
Summary: According to FORTUNE CRYPTO, John Egan, the head of Stripe's crypto business, has announced his resignation and will join Polygon Labs as Chief Product Officer (CPO) on Tuesday. Egan has led several major crypto acquisitions and initiatives at Stripe, including the $1.1 billion acquisition of stablecoin startup Bridge (completed in February this year), the acquisition ...
According to FORTUNE CRYPTO, John Egan, the head of Stripe's crypto business, has announced his resignation and will join Polygon Labs as Chief Product Officer (CPO) on Tuesday. Egan has led several major crypto acquisitions and initiatives at Stripe, including the $1.1 billion acquisition of stablecoin startup Bridge (completed in February this year), the acquisition of crypto wallet company Privy, and a partnership with Paradigm to develop their own blockchain Tempo. He stated that he chose to join Polygon due to its leading position in stablecoin micropayments. According to Artemis Analytics data, in July this year, Polygon had 4.5 million active addresses using stablecoin transactions, surpassing Ethereum's 2.9 million, bringing users closer to 'everyday payment' scenarios.
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Link: Stripe's Head of Crypto Business Resigns to Join Polygon Labs as Chief Product Officer [Copy]
