Stripe test lets Twitter creators get paid in cryptocurrency

  • 📰 verge
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 67%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Select creators on Twitter will get access to crypto payouts first.

in cryptocurrency, starting with “a select group of creators on Twitter.” Creators who earn money through monetization features on the platform can now get their earnings in USD Coin — a “stablecoin” cryptocurrency tied to the US dollar., that customers can integrate into their online platform or marketplace. Crypto payouts will occur over the Polygon network, a blockchain tied to Ethereum that allows for faster and more efficient transactions.

After receiving their funds, users can choose to store their earnings in Polygon or exchange it for another currency. While Stripe says it will “initially” support payouts in USDC, it plans on adding “support for additional rails and payout currencies” in the future.Stripe also says it hopes to support crypto payouts in over 120 countries by the end of this year, but it’s unclear when it plans on expanding this feature to customers outside of Twitter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 94. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dogecoin Fan Elon Musk May Buy Twitter This Week: ReportThe most powerful promoter of the Dogecoin cryptocurrency may take over Twitter as early as this week, according to a recent report elonmusk shib elonmusk elonmusk Dogecoin to the moon
Source: Utoday_en - 🏆 295. / 63 Read more »

The trade in Twitter shares from here with Musk buyout chances increasingTwitter's stock is still trading below Elon Musk's offer price of $54.20 per share even as reports indicate the sides are getting close to a deal. The first thing Elon does after buying Twitter is to bring back Trump's account Yes... Why all the hullabaloo... He's using mostly his own money... Let's do the math. Twitter cost less then 50 billion... He has 240 billion...
Source: CNBC - 🏆 12. / 72 Read more »