Stripe partners with Paxos to launch stablecoin payments platform

Stripe has taken a significant step toward enhancing global payment solutions by partnering with Paxos, a blockchain and tokenization infrastructure platform, to integrate Paxos’ new stablecoin payments platform into its “Pay with Crypto” product.

The platform supports conversions between USD and various stablecoins, including PayPal’s PYUSD, Circle’s USDC, and Paxos’ USDP, offering a more efficient and cost-effective alternative to traditional payment methods.

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