- Payments firm Stripe Inc appears to be like to provide prospects entry to Bitcoin BTC/USD4 years after suspending assist for the cryptocurrency, Bloomberg experiences.
- Stripe collaborated with crypto startup OpenNode to assist its prospects to just accept Bitcoin funds by way of a brand new app.
- Stripe prospects will be capable of convert incoming funds and any quantity of their stability into Bitcoin through the app.
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- OpenNode makes use of Lightning Network to make Bitcoin transactions quicker and cheaper to settle funds.
- The partnership with OpenNode, specializing in Bitcoin, raised $20 million at a $220 million valuation in February, reflecting Stripe’s renewed curiosity in Bitcoin.
- Stripe revived its push into crypto after rivals like Block, Inc SQ, PayPal Holdings, Inc PYPL, and Checkout.com forayed the business.
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