Stripe is in the top 3 list of payment processing companies in the world, this is a huge move for the crypto space. 😳
The payments giant’s APIs will let crypto businesses “process payments for fiat currencies globally through a single integration with fraud prevention and authorization optimization built in,” according to its website.
The toolkit for crypto businesses include API integrations like Stripe Connect, which allows users to pay out fiat currencies in over 45 countries, and Stripe Identity, an identity-verification system to mitigate fraud.