Stripe is expanding its stablecoin payment feature to cover subscriptions, enabling businesses to accept recurring payments in digital currency.
The update supports the 30% of businesses on Stripe with recurring revenue models, including AI companies, allowing customers to pay for subscriptions using crypto wallets with settlements made directly in fiat.
Stripe’s stablecoin payment launch a year ago has been adopted by global companies seeking faster and more cost-efficient cross-border transactions.
The feature is available on Base and Polygon blockchains, using USDC for billing.
Author's summary: Stripe expands stablecoin payments.