Stripe valuation hits $159 billion in latest secondary sale

Stripe has completed a secondary transaction—a process where investors buy shares from employees—valuing the company at $159 billion. The transaction, which Stripe announced on Tuesday, represents about a 74% increase over the company’s previous valuation of $91.5 billion from February 2025, when Stripe announced its previous tender offer. The timing of the announcement coincided with the release of Stripe’s annual letter from founders Patrick Collison and John Collison. This letter showcases the company’s product releases and provides insights into the global usage of its products over the year.

Stripe is leveraging its growth to expand its stablecoin infrastructure, citing an increase in digital asset transactions. A stablecoin is a cryptocurrency pegged to a stable asset, often used to facilitate faster and cheaper cross-border transactions. According to Stripe, stablecoin payments volume doubled worldwide to around $400 billion in 2025. The company estimates that 60% of this worldwide stablecoin volume comes from B2B (business-to-business) payments, indicating that commercial enterprises are adopting digital currencies for transactions.

This growth in stablecoin transactions is a key driver behind Stripe’s recent investments in crypto foundations. The company has expanded its capabilities in this area through both internal product development and acquisitions. In July, Stripe acquired Privy, a crypto wallet service. In September, Stripe unveiled Tempo, its blockchain for payments. These developments build on Stripe’s acquisition of Bridge, a stablecoin orchestration platform, which saw its volume more than quadruple, according to the company.

The secondary transaction allowed employees to sell their shares, providing liquidity to staff. The transaction included participation from Stripe itself and investors including:

• Thrive Capital
• Coatue
• Andreessen Horowitz

Why it matters

Stripe’s valuation increase reflects its growth in payment processing and its expansion into stablecoin infrastructure, signaling a shift in how the company views the future of global B2B payments.