Financial infrastructure provider for online business Stripe has added support for USDC stablecoin payments on the Polygon blockchain. According to the company, Twitter will be the first user of the solution.
The firm has implemented a new feature in Stripe Connect, a system for integrating payments into online marketplaces.
The firm has noted that Twitter uses a tool to pay content creators revenue from monetized products such as Ticketed Spaces and Super Follows. A select group of contributors will now be able to choose to pay in a stablecoin.
Esther Crawford, Chief Product Officer of Twitter, has explained:
“Twitter is where people go to talk about what’s going on. We’re focused on helping the creators who drive these conversations earn money and connect with audiences in new ways. We are excited to offer crypto payments through Stripe so they have more choice.”
