Yesterday online payments company Stripe launched services for crypto businesses, including exchanges, wallets, and non-fungible token (NFT) marketplaces.
Stripe’s new crypto tools and application programming interfaces (APIs) enable businesses to accept fiat deposits for crypto and payout to users in local fiat currencies. The company also offers know your customer (KYC) solutions and other fraud prevention tools to crypto firms.
“Stripe now supports crypto businesses: exchanges, on-ramps, wallets, and NFT marketplaces. Not just pay-ins but payouts, KYC and identity verification, fraud prevention, and lots more,” said co-founder and President of Stripe, John Collison on Twitter.
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