{"id":62915,"date":"2022-03-13T09:01:48","date_gmt":"2022-03-13T09:01:48","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=62915"},"modified":"2022-03-13T09:01:48","modified_gmt":"2022-03-13T09:01:48","slug":"stripe-brings-back-crypto-support-after-4-years-says-crypto-is-going-mainstream","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=62915","title":{"rendered":"Stripe Brings Back Crypto Support After 4 Years \u2014 Says \u2018Crypto Is Going Mainstream\u2019"},"content":{"rendered":"

\"Stripe<\/p>\n

Payment giant Stripe has brought back crypto support after it stopped processing bitcoin payments four years ago. The company now says, \u201cOur optimism for the future of crypto was not unfounded \u2026 Crypto is going mainstream.\u201d<\/strong>\n<\/p>\n

Stripe Brings Back Crypto Support<\/h2>\n

\n
\nPayment giant Stripe has re-entered the crypto space after four years, with the launch of a suite of products to support crypto businesses.<\/p>\n

Stripe is a payment infrastructure company headquartered in San Francisco and Dublin, with 14 global offices. According to its website, millions of companies in over 120 countries use Stripe to start, run, and scale their businesses, including Amazon, Google, Shopify, Microsoft, Spotify, Uber, and Nasdaq.<\/p>\n

Stripe co-founder John Collison announced on Twitter Thursday that his company now supports crypto businesses, including exchanges, on-ramps, wallets, and non-fungible token (NFT) marketplaces.<\/p>\n

\"\"<\/p>\n

Stripe was one of the first major companies to embrace bitcoin. \u201cIn 2014, we became the first major payments company to support Bitcoin payments,\u201d the company explained on its website. However, Stripe stopped processing Bitcoin transactions in April 2018 citing block size issues, which the company said led to \u201cbitcoin becoming less useful for payments.\u201d<\/p>\n

Four years after Stripe stopped supporting bitcoin payments, the company explained in a blog post, \u201cWe\u2019ve learned that our optimism for the future of crypto was not unfounded.\u201d The payment company elaborated:\n<\/p>\n

\n

From new developments in blockchain infrastructure to widespread interest from major financial institutions, crypto is going mainstream.<\/p>\n<\/blockquote>\n

\n
\n\u201cTo better support our customers and continue to grow the GDP of the internet, we are working to give crypto businesses access to today\u2019s global financial infrastructure \u2014 starting by partnering with FTX and Blockchain.com to broaden consumer access to crypto,\u201d Stripe further noted.<\/p>\n

What do you think about Stripe bringing back crypto support after four years? Let us know in the comments section below.<\/strong><\/em><\/p>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

Payment giant Stripe has brought back crypto support after it stopped processing bitcoin payments four years ago. The company now says, \u201cOur optimism for the future of crypto was not unfounded \u2026 Crypto is going mainstream.\u201d Stripe Brings Back Crypto Support Payment giant Stripe has re-entered the crypto space after four years, with the launch […]<\/p>\n","protected":false},"author":2,"featured_media":62916,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-62915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/62915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62915"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/62915\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/62916"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}