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International Business Times

Business

Marvie Basilan

Stripe Snaps 6-Year Crypto Break, Announces USDC Stablecoin Support In Summer

Stripe USDC Crypto Bitcoin John Collison United States Michael Saylor Cryptocurrency Ethereum Solana

Stripe co-founder John Collison announces that "crypto is back" at the Stripe Sessions 2024 event on Thursday, April 25, 2024. (Credit: Stripe Official YouTube Channel)

KEY POINTS

USDC payments will be facilitated sometime in the summer, Stripe's Collison said
Stripe will initially support USDC transactions on Solana, Ethereum and Polygon
Stripe first tried crypto payments with Bitcoin in 2014 then ended the initiative in 2018

Payments titan Stripe is back in the cryptocurrency game as the company announced Thursday that it will start supporting stablecoin payments via the U.S. dollar-pegged USD Coin (USDC).

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EU denies US pressure behind withdrawal from disinformation conference

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