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The $40b start-up, which competes with the likes of PayPal and Stripe, said this week it is launching a feature that allows businesses to accept and make payments in USD Coin, a popular stablecoin that’s pegged to the U.S. dollar. Checkout.com said it is offering the new payment method through a partnership with Fireblocks, a crypto security firm.
“Between the time that they’ve sent the bitcoin, and the time that they receive those funds, they have a working capital constraint,” Houlgrave told CNBC on the sidelines of the Money 20/20 fintech conference in Amsterdam.
https://www.cnbc.com/2022/06/07/checkoutcom-jumps-into-crypto-with-stablecoin-payments-feature.html
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