Stripe Enables USDC Payments

Online payments processor Stripe will allow businesses – beginning with Twitter – to start paying customers in USDC, a stablecoin whose value is tied to the U.S. dollar. Twitter will pilot the new option by allowing some people who charge followers for premium content to get paid in USDC over the Polygon network (which can be bridged to the Ethereum network). Stipe said it plans to add support for additional payment “rails” and payout currencies over time.

Is Stripe on its way to becoming a crypto payment gateway? If so, it’s a game changer.

Author’s note: This is not a sponsored post. I am the author of this article and it expresses my own opinions. I am not, nor is my company, receiving compensation for it.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and the CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and CNBC and writes a popular daily business blog. He’s the Co-Host of the award-winning podcast Techstream with Shelly Palmer & Seth Everett and his latest book, Blockchain - Cryptocurrency, NFTs & Smart Contracts: An executive guide to the world of decentralized finance, is an Amazon #1 Bestseller. Follow @shellypalmer or visit shellypalmer.com.

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