The Company

Stripe is a global payments and financial infrastructure company that enables businesses to accept payments, manage revenue, and build financial products. Their services include:

• Online payment processing (credit/debit cards, wallets, BNPL, etc.)
• Billing and subscriptions
• Payouts and treasury infrastructure
• Embedded financial services (e.g., issuing cards, bank accounts)
• Fraud detection and identity verification

Stripe Support of Stablecoins

• As of mid-2024, Stripe re-enabled support for crypto payments, with a focus on USDC (USD Coin).
• Users can accept USDC payments through Stripe Checkout and Stripe APIs.
• Settlements occur in USDC or can be converted to fiat automatically.

Stripe supports USDC payments on the following blockchains:

Layer-1 Blockchain	Why Stripe Uses It
Solana (SOL)	Ultra-fast, low-cost transactions ideal for retail and micro-payments.
Ethereum (ETH)	The most established stablecoin ecosystem; higher fees but widely supported.
Polygon (MATIC)	Ethereum-compatible with lower gas fees, great for scalable payments.