Stripe had previously discontinued Bitcoin payments due to high fees and slow confirmation times
Stripe has introduced a stablecoin payment option, and users from 70 countries embraced it on the first day. This highlights a growing global demand for alternative payment solutions.
The payment instution's strategic partnership with Bitstamp seeks to enhance the stablecoin's global accessibility
With recent expansions into Mexico, Brazil, and the EU, Circle continues to solidify its global presence
However, the service will initially be unavailable in New York due to regulatory restrictions