Global payments giant Stripe has significantly stepped up its crypto ventures after launching a service that enables payments for NFTs and digital assets via fiat currencies.
stripe co-founder John Collinson, March 10 announced on Twitter on businesses accepting fiat payments for crypto, providing digital wallets, paying users with fiat, leveraging identity and customer recognition (KYC) solutions, detecting and preventing fraudulent transactions for Stripe’s new application programming interfaces (APIs) Said they could use it.
stripe also to launch the crypto business suite FTX, FTX US, Blockchain.com, Nifty Gateway and Just Mining partnered with.
According to the announcement stripe, FTX in partnership with the stock exchange user onboarding protocols, including authentication processes will create and payment services will provide.
together with the partnership FTX and FTX US a computer-based electronic network whose users are often used to process transactions such as domestic low-value payments between financial institutions. Automated Clearing House (ACH) through bank cards and using direct bank transfers They can buy crypto.
Talking about the partnership, FTX’s head of strategy Tristan YverHe stressed that the deal will help the company attract a wider mainstream audience by making it easier for users to purchase crypto assets.
“The optimizations we’ve made to our Stripe payment system provide a seamless access (ramp) experience to FTX’s growing customer base demands. We can increase revenue by making it easier than ever for people to invest in crypto.
Stripe has partnered as part of the service Nifty Gateway It also released an open NFT collection called “Cube Thingies” via Each of the NFTs 242.42 with 424.24 varies between dollars and all proceeds from the sale nonprofit health technology organization watsiwill go to.
stripe, 2015 in the year Bitcoin (BTC) started to offer support, but due to increased transaction fees and slow transaction confirmations, it started causing network disruptions. 2018 It discontinued this support.
Payment Processor Stripe Cuts Support for Bitcoin
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