Stripe has validated USDC payments on 3 blockchains: so they're likely to be the next to have a spot ETF in the USA ๐ฑ
US online payments giant Stripe has just announced a small revolution: it will soon allow transactions in USDC (a dollar-backed stablecoin) on the Ethereum, Solana and Polygon blockchains!
It's one more step towards mainstream adoption of cryptos ๐
Because even without a bank account, it will be possible to pay online using these digital currencies. Payments will be automatically converted into dollars.๐ณ
Remember: Stripe had already tried the experiment with Bitcoin in 2014, before giving up because of the fees.
But today, they're back with a vengeance with stablecoins! ๐ฆธ ๐
This announcement is very positive for Ethereum, Solana and Polygon.
Integration by a major player like Stripe is a big deal...
And this could pave the way for a spot ETF on these crypto-assets! ๐
We know that the SEC closely scrutinizes the concrete use of a blockchain before validating an ETF.
So keep your eyes peeled: Ethereum, Solana and Polygon now have a serious chance of getting their own ETF in the near future thanks to this announcement! ๐ฏ
Do you agree with my analysis? What do you think? Tell me all about it! ๐
