š Stripeās New Stablecoin Payments Succeed in 70 Countries on Day 1!
Stripe has made a huge leap back into the crypto world by rolling out USDC stablecoin payments, and the response? Massive! Users from 70 countries jumped on board on the first day, signaling explosive global demand for stablecoin transactions. š„
Stripe, which first dipped its toes into crypto by accepting Bitcoin back in 2014, backed away in 2018 due to slow confirmations and high fees. But now, theyāre back with USDC as their stablecoin of choice, bringing blockchain payments to businesses everywhereāan exciting move after years of planning and building a blockchain team in 2021.
Why the excitement? Well, stablecoins like USDC offer low-cost, efficient transactions, which Stripeās product lead Jeff Weinstein highlights as a critical reason: āBusinesses want to reach more customers at lower costsāand stablecoins are showing they can help achieve that.ā
Hereās what you need to know about Stripeās new offering:
- Supports USDC on Ethereum, Solana, and Polygon.
- Transactions convert into USD before hitting wallets.
- Charges 1.5% on transactions, keeping it competitive.
In collaboration with Coinbase, Stripe also integrated fiat-to-crypto ramps, expanding seamless entry into crypto for both platforms.
As more and more companies look to unlock new markets, Stripeās return to the crypto space isnāt just big newsāit's a signal that stablecoins are gaining real momentum as a serious means of exchange.
Crypto payments are back, and theyāre bigger than ever! Follow
@Professor Mende - Bonuz Ecosystem Founder for more updates!
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