Stablecoin payments have come to Stripe. And it might just be the beginning of their plans for crypto.

‍What’s happening:‍

• Stripe has officially rolled out the ability for merchants in the United States to be able to accept USDC as payment
  

Why it matters:‍

• This is the first time in more than half a decade that Stripe has begun allowing merchants to accept payments through digital assets
  

By the numbers:‍

• Stripe has enabled American based merchants to be able to accept crypto payments from users in more than 150 different countries
  
• Merchants can accept up to $10,000 USD in a one time payment via crypto and have it instantly settled into fiat
  
• Stripe is charging a 1.5% transaction fee for processing payments made through crypto
  

Going deeper:‍

• Stripe is supporting USDC payments being settled on multiple leading blockchains including Solana, Ethereum and Polygon
  

The intrigue:‍

• Stripe has also been getting extremely serious about stablecoins as the future of payments, previously making waves with their billion dollar acquisition of digital asset company Bridge

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