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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 . ...

Source: Circle (X) London-based financial technology firm Finastra has joined forces with Circle , the issuer of USDC stablecoin, to bring digital currency settlement into the mainstream banking system through Finastra’s Global PAYplus (GPP) payments platform. The move could reshape the way banks handle cross-border transactions by offering faster, cheaper, and more flexible settlement options. Expanding Payment Options for Banks Finastra supports over 8,000 clients worldwide, including nearly all of the world’s top banks. Its Global PAYplus system processes more than $5 trillion in daily international payments. By adding support for USDC settlement, banks using the platform can now complete payments in stablecoin while continuing to initiate transfers in traditional fiat currencies. Expanding the future of cross-border payments with @FinastraFS and @USDC. The collaboration will enable USDC settlement to Finastra’s established network of financial institutions t...