A post by @WatcherGuru on X.
JUST IN: Stripe now allows US businesses to send stablecoin payments directly to crypto wallets…
@WatcherGuru on X
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Stripe has enabled US businesses to send stablecoin payments directly to crypto wallets across more than 160 markets, expanding the payments firm's crypto settlement capabilities beyond its existing stablecoin offerings. The move lets merchants pay out funds in stablecoins rather than converting through traditional rails, targeting faster and cheaper cross-border transfers. It matters because Stripe processes hundreds of billions in annual payment volume, giving stablecoins a mainstream distribution channel and strengthening their role in business-to-business settlement. The announcement did not specify which stablecoins or blockchains are supported, leaving that detail as a key item to watch. Next, observers will look for the supported token and chain list, merchant adoption data, and whether Stripe extends the capability to additional regions.
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Stripe, stablecoins, United States