According to Foresight News, stablecoin issuer Paxos announced the launch of the new Paxos Stablecoin Payment Platform, which supports faster settlement and instant conversion between USD and USDP, PYUSD and USDC, making it easier for payment platforms and businesses to accept stablecoin payments. Stripe is the first customer to use this solution. Stripe's Pay with Crypto product is powered by Paxos' stablecoin payment infrastructure.