Stripe summer ☀️ One of the big boys is coming back to crypto.
Fintech company Stripe will return to crypto this summer by allowing companies to accept payments using Circle's USDC stablecoin.
According to the firm, stablecoin payments will be integrated into their checkout suite within the next few weeks. Additionally, transactions will be settled on-chain and immediately converted into fiat automatically.
As confirmed by Decrypt, USDC transactions will initially be supported on Ethereum, Polygon, and Solana, with more networks to be confirmed upon the feature's official launch.
Stripe had supported Bitcoin as a payment method much earlier, in 2014, but ended the service in 2018 due to rising network costs and price volatility.
Editor's Take:
It's a recurring joke that the entry of traditional companies into crypto usually marks the top of the cycle. Jokes aside, by supporting payments for several networks, perhaps this time, Stripe is ready to commit long-term, and they are here to stay. However, only time will tell, and the true test of loyalty will only come after the space has hit rock bottom. | 
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