Stripe has partnered with Paxos to launch a new stablecoin payments platform, aiming to simplify the process for businesses to accept stablecoin payments
Paxos’ platform supports stablecoins like PayPal’s PYUSD, Circle’s USDC, and Paxos’ USDP for instant conversions between USD and stablecoins
This partnership allows businesses to receive payments in stablecoins and convert them instantly to fiat currency, reducing payment processing costs and expanding their international reach
Paxos’ platform also supports conversions between stablecoins on multiple blockchain networks.
