Stripe Reintroduces Crypto Payments Using USDC Stablecoin

by | May 6, 2024 | Cryptocurrency, News, Web 3 | 0 comments

You may also like

i
Jun 22, 2023

Apple Vision Pro: Everything You Need To Know

1 Comment

According to the company, the device is not like other mixed reality headsets or products in the market. The spatial computer easily creates a life-like virtual atmosphere while keeping you in the real world. 

stripes

Stripe Reintroduces Crypto Payments Using USDC Stablecoin

Fintech giant Stripe is diving back into the world of cryptocurrency, this time with a focus on stablecoins. John Collison, co-founder of Stripe, shared his enthusiasm on social media platform X, declaring, “Crypto is back,” as he announced the company’s renewed commitment to supporting global payments in stablecoin. “By embracing USDC, we are offering a more stable and reliable payment method on the blockchain,” stated Collison, emphasizing their strategic shift from the volatile Bitcoin to the steadier USDC, which is compatible with both the Solana and Ethereum blockchains.

“We’re embracing USDC to offer a more stable and reliable payment method on the blockchain,” Collison said,

A Seamless Crypto Integration

Stripe has released a video demonstrating how seamlessly its platform can integrate stablecoin payments. A Stripe representative elaborated, “Our platform is now designed to seamlessly integrate cryptocurrency payments, making transactions as straightforward as traditional ones.” This integration supports various crypto wallets like MetaMask, Phantom, and Coinbase Wallet, aiming to enhance user accessibility and control.

Empowering Consumers and Merchants

Launching this summer, Stripe’s service combines cryptocurrency convenience with fiat currency stability.

“By linking crypto payments to our system, we shield merchants from market volatility, ensuring they receive fiat currency.”

a Stripe executive explained. This strategy not only secures merchants against market fluctuations but also simplifies the transaction process for a smoother user experience.

Stripe’s approach is integrating cryptocurrency into mainstream commerce, promising a user-friendly platform for all financial transactions.

0 Comments

How do you feel about the article

We are back!

we are back & better, 

Check our Socials

we are back & better,

Follow us on