Coinbase, a leading crypto exchange, and Stripe, a big name in online payments, are teaming up to make crypto more accessible worldwide.
Faster and Cheaper Transactions
The partnership aims to make crypto payments faster and cheaper for both businesses and individuals. Here’s how:
- Stripe will support Base: Stripe’s crypto products will now work with Base, Coinbase’s Ethereum layer-2 blockchain. This means faster and cheaper transactions for Base users.
- Stripe will add USDC on Base: This will allow Stripe platforms to send money to over 150 countries quickly and affordably.
- Coinbase Wallet will integrate Stripe’s fiat-to-crypto onramp: This will let Coinbase Wallet users buy crypto instantly using credit cards or Apple Pay.
Expanding Crypto Payments
This partnership is a big step towards making crypto payments more mainstream. Stripe’s global reach and Coinbase’s expertise in crypto will help bring crypto payments to more businesses and consumers.
Stripe’s Return to Crypto
This news comes after Stripe announced plans to support USDC payments globally earlier this year. This marks a return to the crypto world for Stripe, which had previously stopped supporting Bitcoin payments.
Overall, this collaboration between Coinbase and Stripe is a positive sign for the future of crypto adoption.
It could lead to wider acceptance of crypto payments and make crypto more accessible to everyone. /p>
