Cryptocurrencies

Stripe Brings Back Crypto Payments on Platform With Stablecoins

  • Will let merchants accept stablecoins for online transactions
  • The company has dabbled with Bitcoin payments in the past

The Stripe Inc. headquarters in San Francisco.

Photographer: David Paul Morris/Bloomberg
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Stripe Inc. is bringing back crypto payments by allowing merchants using its platform to accept stablecoins for online transactions.

“There’s been a lot of technical improvements happening in crypto,” John Collison, co-founder and president said Thursday at the payments processing company’s annual conference in San Francisco. The option should be available this summer, he said.