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Bitstamp helps Stripe scale crypto purchases in the EU

Bitstamp entered a partnership to support Stripe’s crypto on-ramp solution in Europe a few months after Robinhood announced its $200 million acquisition of the exchange.

Cryptocurrency exchange Bitstamp is collaborating with the fintech platform Stripe to make cryptocurrencies like Bitcoin more accessible in Europe.

Bitstamp announced the partnership on Aug. 7, allowing consumers across the European Union to purchase crypto via Stripe’s fiat-to-crypto on-ramp.

“This provides users with a seamless checkout experience optimized for cryptocurrency conversion and allows near instant settlement of cryptocurrency transactions,” Bitstamp noted in an announcement on X.

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Sky, formerly Maker, launches USDS stablecoin on Solana

Coinbase and Payments Giant Stripe Collaborate on New Initiative To Expand Global Crypto Adoption

Coinbase and Payments Giant Stripe Collaborate on New Initiative To Expand Global Crypto Adoption

Leading US-based crypto exchange Coinbase is teaming up with a top crypto payments provider to increase crypto functionality. In a new announcement, Coinbase says it is partnering with Stripe to increase the adoption of crypto by consumers around the world. “Stripe and Coinbase have announced a partnership to increase on-chain adoption and provide faster, cheaper […]

The post Coinbase and Payments Giant Stripe Collaborate on New Initiative To Expand Global Crypto Adoption appeared first on The Daily Hodl.

Sky, formerly Maker, launches USDS stablecoin on Solana

Coinbase and payment processor Stripe form partnership for onboarding

The partnership will bring USDC support to Stripe on Coinbase’s layer-2 network, Base, and several other integrations.

Coinbase and Stripe have formed a partnership to bring fiat-to-crypto on-ramps and off-ramps for customers of both platforms, according to a June 27 announcement.

The new integration introduces support for USD Coin (USDC) on Base as part of Stripe’s crypto payouts, allowing faster cross-border remittances and settlements of fiat equivalents across 150 sovereign countries.

USDC will also be available as part of Stripe's fiat-to-crypto on-ramp, facilitating easier onboarding for customers converting fiat to digital assets.

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Sky, formerly Maker, launches USDS stablecoin on Solana

Base to Launch Online Hackathon With 200 ETH in Prizes, Sponsored by Stripe, Shopify, and More

Base to Launch Online Hackathon With 200 ETH in Prizes, Sponsored by Stripe, Shopify, and MoreBase, the Ethereum Layer 2 solution incubated by Coinbase, has announced the Onchain Summer Buildathon. The event, which runs from May 31st to June 30th, invites builders worldwide to showcase their skills in various onchain use cases, including payments, commerce, gaming, and social. The Buildathon offers 200 ETH in total prizes across eight sponsored tracks, […]

Sky, formerly Maker, launches USDS stablecoin on Solana

Crypto Biz: The Bitcoin summer, Avalanche integrates with Stripe, and more

This week’s Crypto Biz features the Lightning Network rollout on Coinbase, Avalanche integration with Stripe, MicroStrategy earning results and BlackRock’s new tokenized fund.

While developers have long focused on the Ethereum network, the Bitcoin ecosystem is making a comeback, with several initiatives now aiming to innovate on the original blockchain.

Recent developments include the growing ties between Bitcoin and decentralized finance (DeFi), driving the demand for layer-2 protocols to unclog the Bitcoin blockchain and reduce transaction fees as on-chain activity soars.

Major players like Coinbase are also reviewing Bitcoin offerings. The crypto exchange finally added the Lightning Network as an alternative for users seeking to transfer Bitcoin (BTC), following Binance’s similar move nearly a year ago.

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Sky, formerly Maker, launches USDS stablecoin on Solana

Payment Processor Stripe To Kick Off USDC Payments This Summer, More Than Six Years After Ditching Bitcoin

Payment Processor Stripe To Kick Off USDC Payments This Summer, More Than Six Years After Ditching Bitcoin

Payment processing firm Stripe plans to roll out global USDC payments this summer, more than six years after the company ended Bitcoin (BTC) support. John Collison, Stripe’s president and co-founder, announced the upcoming payments feature on Thursday. At a presentation, Collison demonstrated how customers could link crypto wallets to Stripe and make instant payments with […]

The post Payment Processor Stripe To Kick Off USDC Payments This Summer, More Than Six Years After Ditching Bitcoin appeared first on The Daily Hodl.

Sky, formerly Maker, launches USDS stablecoin on Solana

Stripe bringing back crypto payments, this time with a stablecoin

Stripe customers will be able to pay with USDC beginning this summer, president Jack Collison said, after the company canned BTC payments in 2018.

Payment service Stripe is bringing back crypto in the form of stablecoin payments, co-founder and president John Collison has announced. The new service will be available this summer, he said.

“Crypto is finally making sense as a means of exchange,” Collison told the audience at the company’s developers conference in San Francisco on April 25. Since Stripe discontinued its Bitcoin (BTC) payment option in 2018, transaction times have increased, fees have decreased and stablecoins are performing stably.

“If we’re in a crypto winter post 2021, nobody told the stablecoins,” Collison said, referring to a chart of stablecoin value transferred. Therefore:

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Sky, formerly Maker, launches USDS stablecoin on Solana

Payments Giant Stripe Rolls Out New Fiat-to-Crypto Onramp To Make Digital Asset Purchases More Convenient

Coinbase and Payments Giant Stripe Collaborate on New Initiative To Expand Global Crypto Adoption

Payments processing firm Stripe is launching a new hosted fiat-to-crypto onramp in an effort to make digital asset purchases easier. In December, the payments giant rolled out an embeddable fiat-to-crypto onramp for Web3 developers. Now, in addition to that product, Stripe is also offering a hosted onramp available at crypto.link.com. Web3 companies can direct their […]

The post Payments Giant Stripe Rolls Out New Fiat-to-Crypto Onramp To Make Digital Asset Purchases More Convenient appeared first on The Daily Hodl.

Sky, formerly Maker, launches USDS stablecoin on Solana

FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders

FTX Debtors Reveal .8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to InsidersAccording to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8 […]

Sky, formerly Maker, launches USDS stablecoin on Solana