Payments Giant Stripe Is Not Ruling Out Crypto Payments, Says Co-Founder

HeadlinesNewsPayments Giant Stripe Is Not Ruling Out Crypto Payments, Says Co-Founder

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Payments Giant Stripe Is Not Ruling Out Crypto Payments, Says Co-Founder

Bitcoinist.com11 days ago
Published on November 25, 2021 20:30 GMT+00:00edited on November 26, 2021 18:04 GMT+00:00

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Stripe may not have completely ruled out the possibility of accepting crypto payments again. The payment giants which had stopped accepting crypto payments in 2018 due to volatility concerns are not opposed to reimplementing digital assets payment. In 2014, Stripe had become one of the first major companies to accept bitcoin payments. However, as the asset evolved, it proved to be more valuable as a store of value rather than a method of payment.

Stripe Not Opposed To Crypto

Speaking at a panel moderated by CNBC at the Fintech Abu Dhabi festival, co-founder of Stripe, John Collison, shared some of the company’s thoughts around crypto payers. One was that the payments giant was not opposed to restarting crypto payments. Collision stated, “We don’t know yet, but I think it’s not implausible …