Paxos and Stripe Announce Stablecoin Payments Platform ”Pay with Crypto”

Cryptocurrency firm Paxos is expanding stablecoin adoption in the payments industry through new enterprise infrastructure.
On the 15th (local time), Paxos announced that it has partnered with Stripe, a global payment processing company.
The company has introduced a new stablecoin payments platform targeted at payment service providers (PSPs) and fintech companies.
This infrastructure is Stripe's "Pay with
This applies to the "Crypto" product, and users can pay in fiat currency such as the US dollar.
Paxos' new stablecoin payment platform will enable faster and cheaper global payments than traditional payment methods.
A Paxos spokesperson said, "We are currently not in contact with individual merchants, but rather with this infrastructure."
The focus is on payment service providers (PSPs), fintechs and other providers who incorporate the technology into their systems. Therefore, specific merchant requirements will depend on each provider.
To use the platform, customers need to set up a wallet with Paxos. Merchants and PSPs can then receive stablecoins or use them to buy and sell Paxos tokens.
You can choose to convert your funds to fiat currency through Soth.