Bitstamp says the partnership represents an expansion of ‘Bitstamp-as-a-service’, and reinforces the vital role of cryptocurrency in the digital payments ecosystem.
Stripe’s new crypto onramp accommodates a range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Stellar (XLM) and USD Coin (USDC).
Jean-Baptiste Graftieaux, Global CEO of Bitstamp, says: “We’re immensely proud to have been chosen to partner with Stripe – one of the biggest and most trusted players in the payments space. It’s a testament to our own record for safety, reliability and security.
“This partnership is a significant milestone in our journey to make cryptocurrencies more accessible and integrated into the global financial system.”
John Egan, Head of Stripe Crypto, underscored the importance of Bitstamp’s reputation in their decision-making process. “Bitstamp’s long-standing reputation as a trusted partner made them an easy choice for us when considering how best to serve the needs of our users and their customers in the EU.”
Stripe: Launching new services for sustained growth
Stripe’s new onramp service comes as the leading fintech has pledged to launch new products and services to sustain growth.
Speaking at Stripe Tour London earlier this year, Stripe execs outlined the launch of open banking services in the UK and the launch of Stripe Capital.