Twitter Tests Stripe’s USDC Payments
Twitter has decided to test a new USDC payment feature on the Polygon blockchain from the financial infrastructure provider for online business Stripe.
A new feature has been implemented in the system for integrating payments into online marketplaces, Stripe Connect.
Stripe noted that Twitter will use a new feature to pay revenue to content creators. At first, a limited group of authors will be able to receive payment in a stablecoin.
Stripe chose the Polygon network due to low fees, high transaction speeds, integration with Ethereum, and compatibility with a wide range of crypto wallets.
Earlier, Apollo Global Management and Thoma Bravo announced their intention to buy Twitter.
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