Crypto Journey

Freedom

Apple

Coin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/coinbase-partners-with-stripe-for-crypto-payments" data-wpel-link="internal">Coinbase Partners with Stripe for Crypto Payments</a><br></p>
<p style="text-align: justify">On June 27, Coinbase and Stripe announced a significant collaboration aimed at enhancing crypto payment systems. The partnership will incorporate USD Coin into Stripe’s crypto payment options, enabling swift <a href="https://finance.coin-turk.com/" rel="nofollow noopener" target="_blank" data-wpel-link="exclude">financial</a> transactions across more than 100 nations. In return, Coinbase will leverage Stripe’s fiat-to-crypto platform, facilitating crypto purchases via credit cards and <a href="https://newslinker.co/category/mobile/apple/" target="_blank" rel="noopener nofollow" data-wpel-link="exclude">Apple</a> Pay.</p> 
<h2 id="stripe-s-crypto-journey">Stripe’s Crypto Journey</h2> 
<p style="text-align: justify">Earlier this year, John Collison, co-founder and president of Stripe, underscored the company’s evolving commitment to cryptocurrencies. At the Sessions conference, Collison confirmed that stablecoins would be reintroduced into Stripe’s offerings. Stripe initially embraced Bitcoin in 2014, becoming one of the first payment services to do so, but later withdrew its support, citing Bitcoin’s inefficiency as a payment method.</p> 
<p style="text-align: justify">Following the announcement of Stripe’s renewed interest in cryptocurrencies, the company introduced Avalanche C-Chain support for its verified customers. This update allowed Stripe users to trade AVAX, marking a significant step in expanding their crypto capabilities.</p> 
<h2 id="how-is-coinbase-adapting">How Is Coinbase Adapting?</h2> 
<p style="text-align: justify">In the United States, the cryptocurrency sector has faced substantial scrutiny and regulatory pressure. This environment has fueled uncertainties, particularly around centralized exchanges and stablecoin providers. For instance, Stripe withdrew from Facebook’s Libra project due to regulatory pressures.</p> 
<p style="text-align: justify">On June 27, Coinbase escalated its legal battle against the Securities and Exchange Commission (SEC) and the Federal Trust and Deposit Corporation (FDIC). The lawsuit claims these state institutions failed to provide essential information under the Freedom of Information Act (FOIA), with the SEC’s stance on Ethereum being a focal point.</p> 
<h2 id="key-takeaways-from-the-partnership">Key Takeaways from the Partnership</h2> 
<ul> 
 <li>Integration of USD Coin into Stripe enhances global transaction speed.</li> 
 <li>Coinbase benefits from Stripe’s fiat-to-crypto system for diverse payment methods.</li> 
 <li>Stripe’s re-entry into the crypto space could bolster market confidence.</li> 
 <li>Coinbase’s legal actions may clarify regulatory stances on cryptocurrencies.</li> 
</ul> 
<p style="text-align: justify">The lawsuit specifically questions why Ethereum is not considered a security, unlike Ripple’s <a href="https://en.bitcoinhaber.net/ripple-continues-to-make-important-steps-in-the-cross-border-payment-sector" data-wpel-link="internal">XRP</a>, shedding light on the inconsistencies in regulatory approaches.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/coinbase-partners-with-stripe-for-crypto-payments" data-wpel-link="internal">Coinbase Partners with Stripe for Crypto Payments</a></h5>

Coinbase Partners with Stripe for Crypto Payments

Съдържание

BH NEWS

Други статии, публикувани на 28.06.2024 г.

600 Million Shiba Inu (SHIB) Mystery Stuns Major Exchange: What Happened?

Fundstrat exec says sentiment around Ethereum ETF ‘too bearish’

S&P Joins MAS Project Guardian for Asset Tokenization

Top 4 Altcoins for Potential 10X Profits in 2024

Miner’s wallet reawakens after holding coins for 14 years

Pepe Price Prediction: PEPE Soars 12% In A Week, But Experts Say This New Rival Meme Coin Might B...

Присъединете се към нашия безплатен бюлетин за ежедневни крипто актуализации!