Stripe Launches Cryptocurrency Payment Product for Companies and Web3 Developers

Global payment giant Stripe has launched a cryptocurrency payment product for companies and Web3 developers: an embedded and customizable fiat-to-cryptocurrency terminal.

The solution is designed to enable Web3 businesses users to buy cryptocurrencies in fiat currency directly within Web3 applications. Stripe solves KYC, payments, fraud, and compliance issues without integrating with multiple third-party services.

Stripe says companies and Web3 developers can embed the new solution into their decentralized exchanges (DEXs), NFT platforms, wallets, or decentralized applications (dApps). The new Stripe solution is currently only available to users in the USA.

Image: Medium