Stripe launches USDC payments after six years
"Stripe revolutionizes payments through USDC stablecoin! Market cap at all-time high - Read more about the latest development here."

Stripe launches USDC payments after six years
After a six-year wait, the company Stripe has announced that it will integrate USDC payments into its products. This decision comes at a time when the market capitalization of stablecoins has reached an all-time high. USDC will thus become an important instrument for crypto transactions among Stripe users.
The decision to include USDC as a payment method marks a revival of crypto payments by Stripe, which was previously halted in 2018 when the company initially supported Bitcoin. The integration of USDC could help improve public acceptance of cryptocurrencies and pave the way for more fintech companies to offer crypto payments.
The rising market capitalization of stablecoins reflects the growing adoption and demand in the market. In April 2023, the total market capitalization of stablecoins reached $147 billion, which is the highest since May 2022. Stablecoin trading volumes also rose to a new all-time high, indicating increased interest in these digital assets.
Stablecoins are gaining traction as they provide a practical option for both companies and governments considering the use of cryptocurrencies. Stripe's integration of USDC payments thus marks a step towards the wider acceptance and use of cryptocurrencies in the financial world.