Coinspeaker
Stripe Reinstates ‘Pay with Crypto’ Option Using USDC
After six years of avoiding Bitcoin settlements, global payments giant Stripe pivoted to USD Coin
USDC
$1.00
24h volatility:
0.0%
Market cap:
$34.74 B
Vol. 24h:
$6.14 B
. On Wednesday, the firm reinstated crypto support by introducing a payment alternative involving the stablecoin. As a result of this pivot, Stripe customers in over 150 countries can now utilize USDC for payment.
Stripe Facilitates USDC to Fiat Payment
Stripe’s product lead, Jeff Weinstein, took the initiative to announce the new development on X.
“Crypto on Stripe is officially back!” he posted. “We’re rolling this out to hundreds of thousands of US businesses today.”
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