🚀 Stripe’s 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. 💥

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, they’re back with USDC as their stablecoin of choice, bringing blockchain payments to businesses everywhere—an 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 Stripe’s product lead Jeff Weinstein highlights as a critical reason: “Businesses want to reach more customers at lower costs—and stablecoins are showing they can help achieve that.”

Here’s what you need to know about Stripe’s 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, Stripe’s return to the crypto space isn’t just big news—it's a signal that stablecoins are gaining real momentum as a serious means of exchange.

Crypto payments are back, and they’re bigger than ever! Follow @Professor Mende - Bonuz Ecosystem Founder for more updates!

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Payment processing company Stripe announced signing agreements for a Series I fundraising of over $6.5 billion at a valuation of $50 billion.

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JUST IN: Stripe will support global stablecoin payments this summer.

Transactions instantly settle on-chain.

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