Stripe is rolling out crypto to fiat onramp 😯

An embeddable and customizable fiat-to-crypto onramp

Stripe is rolling out crypto to fiat onramp 😯 An embeddable and customizable fiat-to-crypto onramp Let customers instantly buy crypto within your Web3 app. https://stripe.com/en-si/blog/crypto-onramp

Jozhe

Given that Bridge’s revenue may be around $12 million, Stripe appears to be paying a massive price—reminiscent of crypto’s halcyon pre-2022 days.... 

Crypto is so back, baby!?

Stripe snags Bridge: Private-market payments giant Stripe is buying stablecoin technology startup Bridge in a deal pipped at around the $1 billion mark. Stablecoins have seen their star rise in recent quarters, thanks to growing prominence of Circle, the company behind USDC, and strong demand for the digital tokens. Fans of fiat currencies, don’t worry. Stablecoins bring fiat on-chain, which is an ironic killer use-case for blockchains.

https://www.coindesk.com/business/2024/10/21/stripe-in-11b-acquisition-deal-for-stablecoin-platform-bridge-report/

Stripe snags Bridge: Private-market payments giant Stripe is buying stablecoin technology startup Bridge in a deal pipped at around the $1 billion mark. Stablecoins have seen their star rise in recent quarters, thanks to growing prominence of Circle, the company behind USDC, and strong demand for the digital tokens. Fans of fiat currencies, don’t worry. Stablecoins bring fiat on-chain, which is an ironic killer use-case for blockchains.  https://www.coindesk.com/business/2024/10/21/stripe-in-11b-acquisition-deal-for-stablecoin-platform-bridge-report/

Bridge, which has raised $54 million in funding, previously said it aspired to become the blockchain version of Stripe, operating a global system in which other developers could integrate

Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge

Nate

Given that Bridge’s revenue may be around $12 million, Stripe appears to be paying a massive price—reminiscent of crypto’s halcyon pre-2022 days....   Crypto is so back, baby!?

Tasia

and Coinbase will bring Stripe’s “fiat-to-crypto onramp into Coinbase Wallet.”

https://www.coinbase.com/en-ca/blog/coinbase-stripe-team-up-to-increase-global-adoption-of-crypto

and Coinbase will bring Stripe’s “fiat-to-crypto onramp into Coinbase Wallet.”  https://www.coinbase.com/en-ca/blog/coinbase-stripe-team-up-to-increase-global-adoption-of-crypto

Stripe and Coinbase have announced a partnership to increase onchain adoption and provide faster, cheaper financial infrastructure. Stripe will add support for Base across its crypto product suite to offer users faster and cheaper money transfers

Coinbase + Stripe team up to expand global adoption of crypto

Jerome Cody

Coinbase and Stripe link up: Stripe’s status as one of the most valuable private-market tech companies means it can land big deals with big public companies. Its recent agreement with crypto giant Coinbase is a good example. As part of the deal, Stripe will support Base, an “open source, optimistic rollup protocol” that Coinbase is helping to develop

https://docs.base.org/docs/terms-of-service/?utm_source=thisweekinstartups.beehiiv.com&utm_medium=newsletter&utm_campaign=apple-and-openai-are-besties-koo-shutters-and-ai-is-making-climate-goals-harder-to-reach

Coinbase and Stripe link up: Stripe’s status as one of the most valuable private-market tech companies means it can land big deals with big public companies. Its recent agreement with crypto giant Coinbase is a good example. As part of the deal, Stripe will support Base, an “open source, optimistic rollup protocol” that Coinbase is helping to develop  https://docs.base.org/docs/terms-of-service/?utm_source=thisweekinstartups.beehiiv.com&utm_medium=newsletter&utm_campaign=apple-and-openai-are-besties-koo-shutters-and-ai-is-making-climate-goals-harder-to-reach

Explore the documentation for Base, a secure, low-cost, builder-friendly Ethereum L2.

Base | Docs

Stripe will let customers accept crypto payments, starting with USDC on Solana, Ethereum, and Polygon, the first time it has taken crypto payments since 2018.

https://techcrunch.com/2024/04/25/after-6-year-hiatus-stripe-to-start-taking-crypto-payments-starting-with-usdc-stablecoin/?utm_source=substack&utm_medium=email

Stripe will let customers accept crypto payments, starting with USDC on Solana, Ethereum, and Polygon, the first time it has taken crypto payments since 2018.  https://techcrunch.com/2024/04/25/after-6-year-hiatus-stripe-to-start-taking-crypto-payments-starting-with-usdc-stablecoin/?utm_source=substack&utm_medium=email

The company announced that it would start to let customers accept cryptocurrency payments, starting with USDC stablecoins, initially only on Solana, Ethereum and Polygon

Jozhe

A group of likeminded people in Crypto are talking about this.