Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»HACKING NEWS»Stripe partners with Paxos to launch stablecoin payment platform
HACKING NEWS

Stripe partners with Paxos to launch stablecoin payment platform

By Crypto FlexsOctober 16, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Stripe partners with Paxos to launch stablecoin payment platform
Share
Facebook Twitter LinkedIn Pinterest Email
  • Stripe partners with Paxos to launch stablecoin payments platform.
  • Paxos’ platform supports PYUSD, USDC, and USDP for instant conversion.
  • The goal of this plan is to reduce costs and expand the company’s global reach.

Stripe has taken an important step in enhancing global payment solutions by partnering with blockchain and tokenization infrastructure platform Paxos to integrate Paxos’ new stablecoin payments platform into its “Pay with Crypto” offering.

The goal of this collaboration is to simplify the process for businesses to accept stablecoin payments, providing a more efficient and cost-effective alternative to traditional payment methods.

Helping businesses easily transact with stablecoins

Paxos’ newly launched stablecoin payments platform offers a comprehensive solution stack for onboarding, payments, conversions, and payments.

Stripe leverages its platform to enable businesses to accept payments in stablecoins and instantly convert them to fiat and vice versa. This approach allows merchants to process transactions quickly, reduce payment processing costs, and expand their international reach by leveraging a broader customer base.

The platform supports conversion between USD and a variety of stablecoins, including PYUSD from PayPal, USDC from Circle, and USDP from Paxos. PYUSD and USDP are compatible with both Solana and Ethereum networks, while USDC can be used on Ethereum, Solana, Polygon, and other chains. This broad blockchain support gives businesses and customers the flexibility to choose the network that best suits their transactions.

“We’re always looking for easier and cheaper ways for businesses to receive payments from customers around the world,” said John Egan, head of cryptocurrency at Stripe. We are excited to work with Paxos to offer stablecoin payments to our users through our Pay with Crypto product.”

Ronak Daya, Head of Product at Paxos, expressed optimism about the future of stablecoin payments, describing it as a revolutionary development in global money movement. “Adoption and utility will continue to grow as businesses recognize how stablecoins can provide instant, secure and affordable payments globally. All meaningful improvements have been made over existing payment rails,” Daya explained.

The partnership between Stripe and Paxos marks an important milestone in the advancement of digital payments as businesses increasingly seek innovative ways to process global transactions and reduce reliance on traditional payment methods.


Share this article

Category

tag

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

FTT increases by 7% as the backpack starts the platform to help victims clear liquidation.

July 21, 2025

AAVE gains strength as AAVE dominates defect loans with net deposits of $ 50B or more.

July 19, 2025

Summary of the Router Router

July 17, 2025
Add A Comment

Comments are closed.

Recent Posts

Ethereum Based Meme Coin PEPETO Raises Above $5.5M In Presale

July 22, 2025

MultiBank Group’s $MBG Token TGE Is Live On MexC, Gate.io, Uniswap And Multibank.io.

July 22, 2025

Ark Invest sells coinbase stocks and invests in BitMine.

July 22, 2025

Altcoin benefits of capital rotation

July 22, 2025

KAITO unveils Capital Launchpad, a Web3 crowdfunding platform that will be released later this week.

July 22, 2025

CARV Advances AI Beings Roadmap With Hackathon And 12+ Ecosystem Partnerships

July 22, 2025

POLYMARKET will re -enter the United States after the acquisition of QCEX $ 112 million.

July 22, 2025

FTT increases by 7% as the backpack starts the platform to help victims clear liquidation.

July 21, 2025

Monarq Asset Management Appoints Sam Gaer As CIO To Lead Directional Strategy

July 21, 2025

Little PEPE surpasses $ 4 million in pre -sales, emerging as one of the main memes in 2025.

July 21, 2025

Bitcoin Price $ 123K Explosion -Trader Brace for Brake Out

July 20, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Ethereum Based Meme Coin PEPETO Raises Above $5.5M In Presale

July 22, 2025

MultiBank Group’s $MBG Token TGE Is Live On MexC, Gate.io, Uniswap And Multibank.io.

July 22, 2025

Ark Invest sells coinbase stocks and invests in BitMine.

July 22, 2025
Most Popular

Trader reveals list of 5 powerful altcoins, including spin-offs, amid choppy market conditions

June 11, 2024

Immutable, Polygon and King River team up to raise $100 million for web3 gaming fund

March 19, 2024

Best Summer Books of 2024 Recommended by the a16z Crypto Team

June 29, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.