In October 2024, Stripe introduced USDC payment acceptance for US businesses, with supported networks including Ethereum, Solana and Polygon. Merchants could receive dollar settlement without holding the customer’s crypto asset directly.
The move followed Stripe’s withdrawal from Bitcoin payments in 2018. It was a return to cryptocurrency payments using USDC, rather than a resumption of a USDC service that had existed six years earlier.
The announcement described the service available at that reporting point. Current limits, supported networks, business eligibility and recurring-payment features need to be checked in Stripe’s current documentation.
Sources: Stripe changelog: October 2024 stablecoin payments release
