Inevitable

Payments giant Stripe launches solutions for Web 3 and NFTs

Payments giant Stripe announced that will now support cryptocurrency exchanges, digital wallets, and NFT marketplaces.

Stripe co-founder John Collinson announced the introduction of the crypto business suite on Twitter. The company also announced partnerships with FTX US, Blockchain.com, Nifty Gateway, and Just Mining.

Stripe also announced an open drop of NFT collectibles named “Cube Thingies” via Nifty Gateway. All revenues from the sale will benefit Watsi, a nonprofit organization dedicated to healthcare technology.

Stripe’s suite of tools for Web 3 brings different solutions for various use cases.

Crypto exchanges and on-ramps allow users in over 180 countries to make deposits using a variety of local payment options.

Wallets solution will allow users to maintain focus on developing their wallet and DeFi products by utilizing Stripe’s banking-as-a-service APIs.

Stripe also introduced a solution for NFT Marketplaces, which will enable businesses to rapidly build marketplaces and enroll buyers and sellers for any type of NFT marketplace — including in-game assets and membership tokens.