Stripe Announces Crypto Payout on Twitter via the Polygon Netw | Crypto World Analysis

Stripe Announces Crypto Payout on Twitter via the Polygon Network

Stripe introduces a pilot program on Twitter, allowing a select group of creators to send and receive payments in USDC.San Francisco-based fintech giant Stripe announced its latest advance into cryptocurrency by partnering with Twitter.

The company stated in a blog post that Twitter will be the first company to integrate the new payment method into monetization products. The social media platform will allow creators to get their earnings on Ticketed Spaces and Super Follows immediately settled in cryptocurrency wallets.“All crypto-related complexity and operations” will be handled by Stripe, so Twitter won’t be in charge of storing and acquiring cryptocurrencies.The fintech firm picks the Polygon network to process all the on-chain transactions for its strengths in “low gas fees, high speed with Ethereum."

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