After 6-year hiatus, Stripe to start taking payments in the form ofCryptocurrencies
Today’s episode of Equity dives into Stripe's latest acquisition, one YouTuber's successful exit, why Twitch is still losing money and an autonomous vehicle company making a comeback.
Stripe, the fintech giant, continues to inch its way back into the cryptocurrency market. On Thursday the company announced that it would let customers accept cryptocurrency payments, starting with just one currency in particular, USDC stablecoins, initially only on Solana, Ethereum and Polygon. This will be the first time that Stripe has taken crypto payments since 2018, when it dropped support for Bitcoin due to it being too unstable. Stripe in 2022 tried its first reentry into the crypto mark
The company announced that it would start to let customers accept cryptocurrency payments, starting with USDC stablecoins, initially only on Solana, Ethereum and Polygon