Stripe to Make a Comeback with Stablecoin Payments

Stripe is back in the cryptocurrency space with stablecoin payments emphasizing USDC on the Solana, Ethereum, and Polygon platforms.

[{"selector":"#anim-571f4276-d72b-495f-8f50-e5f1c28c8064","keyframes":{"transform":["translate3d(-124.18773%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5463572b-8f16-4dcd-8698-53c6ed333b27","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ca2802c1-fb29-4b5e-9cb5-1abe606d6877","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Reintroducing cryptocurrency payments and initially concentrating on stablecoins, Stripe Inc. has announced a fundamental change in its payment processing approach.

[{"selector":"#anim-95b2dd77-ebd0-42ae-812a-ef9c699fdeab","keyframes":{"transform":["translate3d(-119.59459%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b89d7482-ef5f-48eb-a98a-551579a83275","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ab8e5393-36ff-48d9-9311-8a551ddb28ff","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

This action indicates the fintech giant’s renewed support for digital currencies.

[{"selector":"#anim-ec44cb88-ce01-4932-a5a3-eace1da08449","keyframes":{"transform":["translate3d(-126.92307%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b358de97-253b-4961-bd75-f9ee1fefb09d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-26583fb0-cc6a-4d76-9dec-e29667fbe5df","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The adoption of stablecoins by the fintech industry is further demonstrated by Stripe’s decision to use Circle’s USDC token for cryptocurrency payments.

[{"selector":"#anim-beee0694-ec10-417d-9f84-7ea8675060bc","keyframes":{"transform":["translate3d(-120.13202%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9012cd12-9268-46aa-80ae-7f9ac14f281c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-570b81b5-4e56-4056-baf7-69a8ea0f8362","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The selection of stablecoins, especially USDC, shows how people are becoming more and more confident in the stability and usefulness of these digital currencies.

[{"selector":"#anim-77664051-fee4-4784-9dab-3bb8d3d084fd","keyframes":{"transform":["translate3d(-122.41993%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-891f4309-3c94-4029-b9d3-7f904ef591ad","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a00d5858-4355-4a93-b813-235dcf17ff85","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]