Layer-1 Chain Aptos (APT) To Integrate Stripe’s Payment Services, Add USDC Stablecoin to Ecosystem
Layer-1 blockchain Aptos ( APT ) has announced a plan to integrate fintech giant Stripe’s payment services and the stablecoin USDC .
Stripe’s payment services will provide a fiat on-ramp for the Aptos network, according to a new press release from the layer-1 project.
Circle chief executive Jeremy Allaire says the new development is part of the stablecoin company’s efforts to scale USDC.
“USDC + CCTP + Aptos = high-performance, very powerful programmable money infrastructure. Excited for the upcoming launch!”
Stripe reemerged in the crypto sector last month when it rolled out support for USDC settlements. The payments giant previously enabled payments made using Bitcoin ( BTC ) until 2018, when the firm discontinued its support, citing BTC’s lack of utility as a payments rail.
Aptos’ native token, APT, is trading at $11.98 at time of writing. The 27th-ranked crypto asset by market cap is down nearly 1% in the past 24 hours but up nearly 6.5% in the past week and more than 15.8% in the past month.
Despite its recent gains, APT remains nearly 40% down from its all-time high of $19.92, which it set in January 2023.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxCheck Price Action
Follow us on X , Facebook and Telegram
Surf The Daily Hodl Mix
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
In the past 12 hours, the entire network has liquidated 418 million US dollars, mainly long orders
Today's Fear and Greed Index dropped to 79, and the level is still Extreme Greed.
BITB had a net outflow of US$280.7 million yesterday
Trump: 25% tariffs to be imposed on Mexican and Canadian goods