Breaking: Stripe Indicates Its Ready to Restart Crypto Payment After 3 Years

Stripe, a popular online payment company that terminated the Bitcoin payment option nearly three years ago citing price volatility and complexities in executing payments. Stripe co-founder John Collison in a recent interview talked about the progress that cryptocurrencies have made over the past three years and also explained that not every aspect of the crypto is usable for a payment company like them. However, he didn’t rule out the possibility of adding a crypto payment option again.

He said it’s not implausible that they would start accepting cryptocurrencies again.

“There have been a lot of developments of late with an eye to making cryptocurrencies better and, in particular, scalable and acceptable cost as a payment method. We don’t yet, but I think it’s not implausible that we would.”

Collison also revealed that the company’s new crypto team is headed by the head of engineering Guillaume Poncin and they have also on-boarded Matt Huang, co-founder of crypto-focused venture capital firm Paradigm, to its board of directors.

Stripe Co-Founder Praises Altcoins

During his interview, while discussing Stripe’s reopening of crypto payment options, Collison praised new and upcoming crypto tokens that could make way for easy and hassle-free transfer of money. The Stripe co-founder seemed especially impressed with Solana ($SOL)

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Source: #Coingapecom
Source: thecryptocoinreport.com

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