Stripe, a global payment solution for Web3, has revealed various features at its annual user event on May 7 in San Francisco. The major updates are the introduction of Stablecoin Financial Accounts and a new Payments Foundation Model. The Stablecoin Financial Accounts permit businesses in around 101 countries to hold
Stripe has acquired stablecoin platform Bridge in a landmark deal valued at $1.1 billion. TechCrunch founder Michael Arrington confirmed the news on X, making it Stripe’s largest acquisition ever. The deal also stands as the biggest acquisition in the history of the cryptocurrency industry. Bridge provides software that allows businesses
Stripe has revealed plans to expand its crypto integration into the EU. Customers will be able to use their credit or debit cards to buy a range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The goal of this strategic initiative is to make buying and selling digital
Avalanche (AVAX) showcased a significant recovery amidst the crypto market’s downturn, surging by 8% following its strategic alliance with Stripe, a leading online payment processing platform. This collaboration may pave the way for potential long-term growth for AVAX. Stripe’s integration of USDC preceded its partnership with Avalanche, allowing Core to
In order to facilitate a smooth cryptocurrency purchase experience, Giddy, the self-custody smart wallet that links cryptocurrency holders to DeFi earning possibilities, is integrating Stripe, one of the leading payment processors, into its app. Giddy’s integration with Stripe intends to increase the number of fiat-to-crypto buying choices available to the general
The Irish-American payment processing platform firm Stripe has introduced a fiat-to-cryptocurrency onramp. Customers in the US will find it much less complicated to buy cryptocurrencies using this approach. It’s also a major step forward for Web 3.0 businesses that have struggled with a “cold start.” Stripe’s standard function is to
