Stripe Announces Support for USDC Stablecoin Payments

🔥 Crypto Payments Breakthrough

By Beam
May 9, 2024, 6:40 PM
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Stripe, a leading online payment processing platform, has announced plans to support the USDC stablecoin for payments starting this summer.​ The company will enable merchants to accept USDC payments on the Ethereum, Solana, and Polygon blockchains.​ Transactions will settle instantly on-chain and automatically convert to fiat currency.​ With over $1 trillion in transaction volume in 2023, over 100 companies processing over $1 billion annually, and 2.​84 million websites using Stripe, this move is expected to significantly boost the adoption of crypto payments globally.​ Beam, a self-custody payments wallet, has been working on enabling seamless crypto payments and welcomes Stripe's move as a step towards their shared vision of stablecoin and on-chain payments.​

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