Stripe, the multinational payments firm that processed more than $1 trillion in volume last year, has teamed up with Coinbase in the company’s latest foray into crypto.
Announced on June 27, Stripe said it is readying to launch support for USD Coin (USDC) on Base, the Layer 2 network incubated by Base.
Per the deal, U.S.-based Stripe users will be able to use the platform’s fiat-to-crypto onramp to convert U.S. dollars into USDC. Stripe will also enable users to send USDC to users in more than 150 countries via its “crypto payouts” feature.
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#undefined [Source: TheDefiant]