⚡️ #Stripe has announced the closure of the $6.5B #funding round at a valuation of $50B

Investors: #a16z , Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, Thrive Capital, IC, #GoldmanSachs & Wealth Manage. #crypto2023

Stripe announced the launch of a Stripe-hosted fiat-to-crypto onramp, making it easier for Web3 companies to help US-based customers purchase crypto.

Source: #Stripe

#Web3 #crypto2023

To democratize access to crypto, Giddy has integrated Stripe's renowned payment gateway, offering a user-friendly experience for fiat-to-crypto transactions.

#Stripe

https://blockchainreporter.net/giddy-smart-wallet-streamlines-crypto-purchases-with-stripe-integration/

♾#Stripe announced the launch of a Stripe-hosted fiat-to-crypto onramp, making it easier for Web3 companies to help US-based customers purchase crypto.

🔥 Read more at @CMNisal

Stripe, a payment processor, plans to enable companies to accept USDC for online payments using its technology this summer. Initially, Stripe will support USDC transactions on Ethereum, Solana, and Polygon networks.

#Stripe #Megadrop #USDC #bitcoinhalving #BullorBear

#Write2earn #Stripe Embraces Crypto: Reintroducing Payments with a Focus on #USDC✅ #CryptoPayments #CryptoStripe $USDC $ETH $SOL

Stripe, the payment processing giant, has made a significant move by reintroducing cryptocurrency payments into its platform. This time, the focus is on USDC, allowing businesses to accept payments on Solana, Ethereum, and Polygon starting this summer.
Despite discontinuing Bitcoin payments in 2018 due to high costs and volatility, Stripe has maintained its interest in the crypto space. In 2022, it extended support to NFT purchases and Web3 companies.
John Collison, co-founder of Stripe, expressed the company's re-engagement with crypto, stating, "Crypto is back. @Stripe will start supporting global stablecoin payments this summer. Transactions instantly settle on-chain and automatically convert to fiat."
The decision to support stablecoin payments reflects Stripe's recognition of the potential of digital currencies while offering a less volatile alternative to traditional cryptocurrencies.
USDC, a stablecoin pegged to the value of the U.S. dollar issued by Circle Internet Financial, serves as the primary focus for Stripe's cryptocurrency payments. With a market capitalization of US$33.45 billion, USDC stands as the second-largest stablecoin globally, following Tether's USDT, which boasts a market capitalization of US$110.9 billion, according to CoinGecko data.

Stripe to Re-enter Crypto Payments with USDC Stablecoin

Payment giant Stripe is making a comeback in the crypto space after a six-year hiatus. This time, they're setting their sights on stablecoins, starting with USDC. This shift reflects growing confidence in the stability and usability of cryptocurrencies for mainstream transactions.

#Stripe #Cryptocurrency #USDC #Fintech #Bitcoin

🪙 Stripe will start accepting cryptocurrency payments for the first time since 2018

International payment system Stripe has announced its return to the crypto market. The company will start supporting transfers in cryptocurrencies for the first time since 2018.

It is reported that Stripe customers will be able to accept $USDC payments in Solana, Ethereum, and Polygon. The company plans to add support for other digital assets and blockchains in the future.

🫡

#CryptoPM #Stripe #USDC #Solana

@Solana Official & @stripe made an amazing partnership! #Stripe will accept #USDC✅ on #SOLANA network!

#Write2earn #Avalanche and #Stripe Forge Partnership: Facilitating Cryptocurrency Adoption #CryptoPayments #AVAX $AVAX

Recently, the Avalanche C-Chain network forged a partnership with payment giant Stripe, allowing verified Stripe users to buy Avalanche's AVAX cryptocurrency and move it to their wallets. Ava Labs, the brains behind the Avalanche network, unveiled this collaboration in a blog post on April 29. Moreover, eight Web3 applications on Avalanche have tapped into Stripe's platform.

According to the blog, Avalanche app developers can now incorporate a customizable widget into their interfaces. This widget empowers users to switch from fiat currency to cryptocurrency using Stripe's platform. Several apps have already jumped on board, including the Avalanche Core portfolio app, staking protocol GoGoPool, Avvy username service, social media platform The Arena, NFT marketplace Zeroone, Halliday wallet, web development platform Pakt, and blockchain games DeFi Kingdoms and Shrapnel.

The main goal of this integration is to tackle the "cold start problem" in Web3, where users lack enough funds in their wallets to kickstart transactions on the platform. Stripe will manage KYC (Know Your Customer) processes, payments, fraud detection, and compliance, freeing up developers to focus on their applications. With this integration, Core portfolio users can now set up Avalanche accounts using their Google or Apple ID and load them up via bank transfers, debit cards, or credit cards.

Akash Gupta, head of consumer products at Ava Labs, believes this collaboration will propel global cryptocurrency adoption. He remarked, “Core’s integration with Stripe is just another step that underscores our dedication to providing users with intuitive, and streamlined solutions. By further bridging the gap between crypto and fiat, Core continues to pave the way for seamless onboarding and broader consumer adoption of digital currencies in everyday transactions.”