Stripe and Coinbase Team Up for Global Crypto Integration, Boosting Bitcoin, Ethereum, and Solana Prices
July 17, 2024Stripe has partnered with Coinbase to expand its cryptocurrency integration globally.
The partnership offers faster and cheaper money transfers.
Support includes Coinbase's Ethereum layer-2 blockchain Base, increasing access to crypto payments for businesses worldwide.
Stripe is integrating USDC on Base into its crypto payouts and fiat-to-crypto onramp.
Coinbase will enable users to buy crypto instantly with credit cards and Apple Pay through Stripe's onramp.
This partnership follows Stripe's decision to end Bitcoin support and roll out global USDC payments.
The move aims to enhance on-chain adoption and provide efficient financial infrastructure for users.
ChatGPT-4o predicts positive price impacts on Bitcoin, Ethereum, and Solana, with targets of $75,000, $4,200, and $180 respectively.
The EU's supportive regulatory environment is expected to help sustain these price targets as Stripe's services expand in the region.
Summary based on 5 sources
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Sources
Cointelegraph • Jul 16, 2024
EU Stripe clients now have crypto purchasing power: ReportThe Block • Jul 16, 2024
Stripe enables Bitcoin, Ether and Solana crypto purchase options in EU: reportFinbold • Jul 16, 2024
ChatGPT-4o predicts BTC, ETH, and SOL price as Stripe expands crypto purchasing to EUCoinJournal • Jul 16, 2024
Stripe adds support for crypto purchases for EU clients: report - CoinJournal