Stripe Revives Cryptocurrency Payments, Focuses on USDC Integration

Stripe Revives Cryptocurrency Payments, Focuses on USDC Integration



At the recent Global Internet Economy conference, Stripe disclosed its plans to reintroduce cryptocurrency payments. The announcement came during the event's climax, in a keynote titled "The Future of Payments," delivered by Stripe's President, John Collison.



Collison revisited Stripe's historical engagement with cryptocurrencies, noting that their journey with digital currencies began years ago. He recalled the company's initial foray into supporting Bitcoin in 2018, which was eventually phased out due to its limited adoption.



With renewed vigor, Collison shared the company's enthusiasm for reintegrating cryptocurrency payments, specifying that this time, the focus would solely be on the Circle’s USDC stablecoin to ensure an enhanced payment experience.



The revival of crypto payments at Stripe is driven by the tangible i


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#Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations, #Stripe, #USDC

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