Payments Giant Stripe Rolls Out Pilot to Test Crypto Payouts With Twitter
On April 22, the payments giant Stripe announced that it is expanding global payouts with crypto assets via a new pilot. Stripe’s crypto executive Karan Sharma revealed crypto payouts for the firm’s Connect service to a select group of Twitter users as the social media platform is Stripe’s first partner. Stripe and Twitter Partner to Test Crypto Payouts Feature Using the Stablecoin USDC Stripe revealed on Friday that it plans to allow businesses to pay users in digital currencies via a pilot through Stripe’s Connect service. The company’s first partner is....
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In addition to payments to bank accounts and debit cards, select content creators can now elect to have USDC earnings sent to their wallets. On Friday, Twitter and Stripe announced the rollout of crypto payouts for Stripe Connect. As told by the two companies, a select group of creators on Twitter will soon be able to receive their earnings on the platform in the form of the USD Coin (USDC) stablecoin. Payments will occur via the Polygon (MATIC) network, a layer-2 blockchain known for its low fees, fast transaction speed, innovative zero-knowledge technology and integration with Ethereum....
Stripe may not have completely ruled out the possibility of accepting crypto payments again. The payment giants which had stopped accepting crypto payments in 2018 due to volatility concerns are not opposed to reimplementing digital assets payment. In 2014, Stripe had become one of the first major companies to accept bitcoin payments. However, as the […]
Multinational payment giant Stripe has announced that it is looking to hire engineers and designers for its new crypto team. The company, however, is not new to crypto. In 2014, Stripe became the first major payments company to support Bitcoin payments. But in 2018, the company shut down Bitcoin support due to high transaction fees […]
Payment giant Stripe has brought back crypto support after it stopped processing bitcoin payments four years ago. The company now says, “Our optimism for the future of crypto was not unfounded … Crypto is going mainstream.”
Stripe Brings Back Crypto Support
Payment giant Stripe has re-entered the crypto space after four years, with the launch of a suite of products to support crypto businesses.
Stripe is a payment infrastructure company headquartered in San Francisco and Dublin, with 14 global offices. According to its website, millions of....
Stripe is pushing cryptocurrency to the forefront by allowing merchants who accept its payment processing service, StripsPayments™, to pay their users in USDC. Starting this Friday, Twitter will let certain creators receive payments for features on Ticketed Spaces, and Super Follows through the crypto wallet. In the Super Follows Twitter offer, individuals can earn monthly income […]