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In a groundbreaking move, Stripe, the billion-dollar fintech giant, is set to reenter the realm of cryptocurrency payments after a six-year hiatus. This time, the company aims to revolutionize digital transactions by embracing the stability of USDC stablecoin amidst a booming market for stablecoins.
Stablecoins defied the overall April market slump and surged 4.7%, led by USDT, but USDC stalled
Payment processing firm Stripe plans to roll out global USDC payments this summer, more than six years after the company ended Bitcoin (BTC) support. John Collison, Stripe's president and co-founder, announced the upcoming payments feature on Thursday.
Stripe, a major player in financial technology, has announced plans to reintroduce support for USD Coin (USDC) transactions, marking a significant return to the realm of cryptocurrency commerce.
The U.S. government's arguments on stablecoins in an unrelated criminal case could bolster Binance's position in its civil case with the SEC.
Payments company Stripe announces its return to crypto payments after a six-year hiatus, starting with support for USDC stablecoin.
Stripe reenters the crypto market, enabling stablecoin transactions for merchants.
TL;DR Stripe reintegrates crypto services after six years of inactivity, starting with USDC across multiple blockchains. The company aims to provide flexibility in payment methods and more openness to other providers. John Collison, its co-founder, highlighted the stability of stablecoins as a criterion for rejoining the crypto market.
After a pause in 2018 due to Bitcoin's volatility, Stripe announced its comeback with USDC. Why back now?
Stripe said that it would facilitate all of the USDC transactions through Ethereum, Solana, and the Polygon blockchain networks and immediately convert them into fiat.
Stripe is re-entering the cryptocurrency market with a new approach after pausing in 2018 due to Bitcoin's volatility. This Thursday, Stripe announced plans to allow customers to accept payments in cryptocurrency, starting with USDC stablecoins.
Stripe, the fintech giant, has decided to re-enter the cryptocurrency payment space after a six-year hiatus, starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains.
Payments giant Stripe has announced its return to the cryptocurrency space.
In the ever-evolving landscape of cryptocurrencies, Binance, a prominent player in the field, has unveiled a groundbreaking integration that could reshape how users interact with digital assets. Today, Binance announced the successful integration of USD Coin (USDC) into the CELO network, marking a significant milestone in the journey towards seamless cryptocurrency interoperability.
A decade after an early attempt to support Bitcoin payments, the company sees a stablecoin-powered future.
Financial service provider Stripe has big plans for the upcoming summer and this includes enabling crypto payments With USDC stablecoin on the Solana blockchain. The Sojourn Away From Crypto Stripe co-founder John Collison stated that the platform will now support global stablecoin payment.
At the company's Global Internet Economy conference on Thursday, Stripe revealed its decision to reintroduce support for crypto payments.
Stripe Inc. is set to reintroduce cryptocurrency payments, enabling merchants on its platform to receive stablecoins as payment for online purchases. John Collison, the co-founder and president of Stripe, announced this development during the company's annual conference, Stripe Sessions, in San Francisco on Thursday.
Stripe, a leading global technology company, has announced its re-entry into the crypto payments market. On Thursday, the fintech giant revealed plans that will see merchants on the platform begin to accept crypto for online payments. As a start, Stripe will support payments in the USDC stablecoin.
Six years after dropping support for bitcoin and, thus, crypto payments altogether, Stripe is bringing back the service later this summer, though initially only for Circle's USDC stablecoin.
Stripe will support USDC stablecoin payments on Solana, Ethereum, and Polygon, marking a strategic return to the crypto payment arena. The post Fintech leader Stripe integrates USDC payments across Solana, Ethereum, and Polygon blockchains appeared first on Crypto Briefing.
Beginning this summer, Stripe will be enabling USDC payments for customer transactions.
As fiat assets flow into the blockchain world, investors seek the best stablecoins, recognizing their role in future finance.
Binance, one of the leading cryptocurrency exchanges, has successfully completed the integration of USD Coin (USDC) on the CELO network. As a result, users can now deposit and withdraw USDC on Binance's platform.
