{"id":14054,"date":"2021-11-24T18:47:44","date_gmt":"2021-11-24T17:47:44","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=14054"},"modified":"2021-11-24T18:47:50","modified_gmt":"2021-11-24T17:47:50","slug":"stripe-may-consider-crypto-payment-option-after-3-years","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/stripe-may-consider-crypto-payment-option-after-3-years\/","title":{"rendered":"Stripe may consider crypto payment option after 3 Years"},"content":{"rendered":"\n
After dropping Bitcoin as a payment option<\/a> over three years ago while citing price volatility as a reason, Stripe's co-founder says the company might reconsider its stance on cryptocurrencies.<\/h5>\n\n\n\n
\"Stripe<\/figure>\n\n\n\n

In a recent interview, Stripe co-founder John Collison\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> discussed the development that cryptocurrencies have made over the last three years, as well as how not every component of the cryptocurrency is practical for a payment firm like them.<\/p>\n\n\n\n

He did not, however, rule out the potential of adding a crypto payment option in the future. He stated that it is not improbable that they may resume taking cryptocurrency.<\/p>\n\n\n\n

Collison also stated that the company's new crypto team is directed by Guillaume Poncin, the company's head of engineering and that Matt Huang, the co-founder of crypto-focused venture capital firm Paradigm, has joined the board of directors.<\/p>\n\n\n\n

During his interview, Collison hailed new and emerging crypto tokens <\/a>that might allow for easy and hassle-free money transfers, while highlighting Stripe's reopening of crypto payment options.<\/p>\n\n\n\n

The Stripe co-founder was particularly taken with Solana ($SOL), which has risen to the top five in a bull market.<\/p>\n\n\n\n

The use of cryptocurrencies as a means of payment is increasing as they become more prevalent. Paypal, Venmo, and even VISA are among the payment processing giants that provide crypto spending choices.<\/p>\n\n\n\n

After expressing initial doubts, all of these payment behemoths have ultimately warmed up to cryptocurrency<\/a>. Stripe, as a payment firm, has acknowledged that it would have to integrate crypto at some time, and they are willing to do so.<\/p>\n","protected":false},"excerpt":{"rendered":"

After dropping Bitcoin as a payment option over three years ago while citing price volatility as a reason, Stripe’s co-founder says the company might reconsider its stance on cryptocurrencies. In a recent interview, Stripe co-founder John Collison discussed the development that cryptocurrencies have made over the last three years, as well as how not every […]<\/p>\n","protected":false},"author":12,"featured_media":14060,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[5496,5371,5495,5410,5494],"class_list":["post-14054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins-2","tag-bitcoin-2","tag-crypto-2","tag-payment-2","tag-stripe-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/Stripe-may-consider-crypto-payment-option-after-3-Years.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/14054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=14054"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/14054\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/14060"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=14054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=14054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=14054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}