Stripe reintroduced crypto payments for U.S. businesses, allowing them to accept USDC on Ethereum, Solana, and Polygon networks. This marks Stripe’s first crypto integration for U.S. merchants since discontinuing Bitcoin payments in 2018.
Enabling USDC Payments Across Multiple Blockchains
Businesses can now accept USDC from customers in over 150 countries. This new feature integrates with Stripe’s existing payment tools, enabling seamless checkout experiences for digital currency payments.
Expanding Crypto Offerings for U.S. Businesses
Previously available to European vendors, Stripe's crypto payment options now cater to U.S. businesses, allowing for stablecoin transactions that settle directly in dollars.
Future Expansion and Plans
Stripe plans to expand USDC payment support to additional countries and recently partnered with Coinbase to incorporate its Layer 2 network Base into its crypto products.
Source:
The Block