Fintech company Stripe, known for its innovative payment solutions, has announced the resumption of support for cryptocurrency payments, starting with the use of USDC stablecoin. This decision marks a significant step in returning to cryptocurrency support after a six-year hiatus. In 2018, Stripe stopped using Bitcoin due to its high volatility and lengthy transaction times, which hindered its use as a medium of exchange.

Stripe plans to implement support for USDC payments on the Solana, Ethereum, and Polygon blockchains. According to Stripe's co-founder and president John Collison, speaking at the Global Internet Economy conference, cryptocurrencies are finally beginning to gain real utility as a medium of exchange thanks to increased transaction speeds and reduced costs.

This innovation brings Stripe back into the ranks of key players in the crypto payment market. Previously, the company was one of the first to accept Bitcoin in 2014, and later in 2018, it became a co-founder of the Facebook Libra project, which, however, was never implemented.

According to Bloomberg, as of 2023, Stripe is valued at $65 billion and is one of the global leaders in the payment market with transaction volumes exceeding $1 trillion. Returning to crypto payments could open up new growth opportunities for the company and expand its influence in the financial technology market.