#StripeStablecoinAccounts

Stripe has reintroduced cryptocurrency payments by enabling merchants to accept USD Coin (USDC) and Pax Dollar (USDP) on Ethereum, Solana, and Polygon blockchains. Within the first 24 hours, users from over 70 countries utilized this feature, highlighting the global demand for stablecoin transactions. Payments are converted to U.S. dollars upon receipt and stored in Stripe wallets, with a 1.5% transaction fee, which is lower than traditional card processing fees. This move signifies Stripe's commitment to offering diverse payment options and reflects the growing acceptance of stablecoins in global commerce.