$USDC Stripe has recently expanded its support for stablecoins, notably USD Coin (USDC), across its payment and treasury services. Here's an overview of the current offerings:
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๐ณ Stripe Stablecoin Payments
- *USDC Acceptance*: As of October 2024, Stripe enables U.S.-based merchants to accept USDC payments through their online checkout pages. These payments are converted to U.S. dollars and stored in the merchant's Stripe account, with a transaction fee of 1.5%. [1]
- *Global Reach*: On the first day of this feature's launch, users from over 70 countries utilized stablecoin payments, indicating strong international demand. [2]
- *Blockchain Support*: Stripe supports USDC transactions on Ethereum, Solana, and Polygon networks. [1]
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๐ฆ Stripe Treasury and Stablecoin Payouts
- *Stablecoin Payouts*: Stripe Treasury allows platforms to offer USDC payouts to individual recipients. Recipients can link a compatible crypto wallet via the Stripe Express Dashboard to receive funds in USDC. [3]
- *Supported Networks*: Payouts are facilitated over the Base and Polygon networks, chosen for their scalability and lower transaction costs. [4]