Stripe Rolls Out Stablecoin Subscription Payments In USDC On Polygon And Base
Payments giant Stripe is pushing crypto closer to mainstream business by letting US companies accept stablecoin subscriptions in USDC on Base and Polygon wallets, settled automatically in fiat. The feature is aimed at the 30% of Stripe clients that rely on subscriptions and recurring revenue, letting customers pay with crypto while businesses manage both fiat and crypto in one dashboard, the company said in an Oct. 14 blog post . Stripe said the stablecoin service, initially available only in private preview, makes it faster, cheaper, and more reliable for startups to receive payments from international customers. The move could accelerate everyday crypto adoption while pressuring traditional payment processors. “Stablecoins have served as a critical tool for the rapid global expansion of some of the fastest-growing companies today,” Stripe said. USDC is currently the second-largest stablecoin with a market capitalization of $76.26 billion, according to CoinMarketCap . ...
