Paxos announces the launch of a new stablecoin payment platform
ChainCatcher news, blockchain and tokenization infrastructure platform Paxos has launched its new stablecoin payment platform. Stripe's Pay with Crypto product is powered by Paxos' stablecoin payment infrastructure, making it easier for merchants to accept stablecoin payments.
Paxos supports instant conversion between USD and PYUSD, USDP, and USDC for received payments, expenditures, and refunds. After receiving stablecoin payments through Paxos, users can choose to either convert immediately to fiat currency and settle in local currencies like USD, or pay the merchant directly with the stablecoin balance.
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