Stripe Announces Payment Support for Crypto Businesses

Stripe announced on Thursday that they are launching payment support for crypto businesses including exchanges, wallets and NFT marketplaces.

• Offering fiat payments API integration for crypto businesses to engage in crypto-to-fiat currency payment
• Also partnering with FTX and U.S. affiliate FTX.US for the purpose of improving Stripe’s know your customer protocols
  • Partnership will allow FTX users to buy crypto direct from debit carts via ACH transactions, The Block reports.

To contact the reporter on this story:
Brandon Sapienza in New York at bsapienza@bloomberg.net

To contact the editors responsible for this story:
Sunil Kesur at skesur@bloomberg.net

Patrick McHale

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