Payments Giant Stripe Is Diving Back into the Crypto World, This Time With a Strong Focus on Stablecoins

This move signals a major shift in how Stripe envisions the future of international payments — faster, cheaper, and more accessible.

Payments giant Stripe is venturing back into the crypto realm, this time with a strong emphasis on stablecoins. The company has announced that it will enable businesses to accept payments in USD Coin (USDC), opening new doors for global transactions.

Why Stripe is Betting on Stablecoins

Stripe’s journey with crypto has seen various stages. In 2014, it was among the first major companies to support Bitcoin payments, but by 2018, it pulled back, attributing it to volatility and inefficiency. Now, with the rise of stablecoins like USDC, which maintain a 1:1 peg with the US dollar, Stripe sees an opportunity to re-enter the crypto scene with a more reliable tool.

Instead of dealing with price swings and high transaction costs, USDC offers a predictable, cost-effective alternative. Stripe has integrated USDC payments across three major blockchains: Ethereum, Solana, and Polygon. This allows businesses to accept stablecoin payments seamlessly, without having to worry about the technical complexities of crypto.

Massive Early Adoption Across 70+ Countries

Stripe’s decision to embrace USDC payments seems to be paying off already. Within just 24 hours of launch, users from more than 70 countries had engaged with the new service. This rapid uptake highlights a global hunger for faster, simpler cross-border payment options, especially in regions where traditional banking can be slow, expensive, or unreliable.

Stripe’s system automatically converts USDC into fiat currency, specifically US dollars, so merchants don’t even have to handle or hold crypto themselves. This minimizes risk while keeping the benefits of fast crypto settlement times.

The global reach is significant: Stripe’s move isn’t just aimed at markets like the US or Europe but at businesses and consumers in emerging economies who can now more easily participate in global commerce.

Lower Fees, Easy Refunds, and a Smoother Experience

One of the big wins for merchants is Stripe’s lower transaction fees for USDC payments. Stripe will charge just 1.5% for stablecoin transactions, compared to the 2.9% + 30¢ standard fee on credit card transactions. That difference can add up quickly for businesses operating on thin margins.

Customers will be able to use popular crypto wallets like MetaMask and Coinbase Wallet to make payments. In case of refunds, merchants can simply send USDC back to the customer’s wallet, making the entire transaction cycle simpler and faster than traditional bank-driven refunds.

By solving these operational headaches, Stripe is positioning USDC payments as a practical, mainstream solution rather than a niche crypto experiment.

A Growing Footprint in the Crypto Economy

Stripe’s crypto ambitions don’t end with stablecoin payments. Earlier this year, it deepened its partnership with Coinbase to allow seamless fiat-to-crypto transitions. Together, they are building an infrastructure where crypto and traditional finance can meet, and work smoothly together.

In an era where financial access is increasingly global, Stripe’s move could be a big leap toward making stablecoins a part of everyday life, not just something reserved for crypto enthusiasts. With its focus on practicality and ease of use, Stripe is once again proving it’s ready to lead the way in the future of payments, only this time, with blockchain at its core.