Crypto.com Partnering with Stripe to expand crypto payment scenarios

[Crypto.com Partners with Stripe to Expand Crypto Payment Scenarios] According to Mars Finance, Crypto.com and payment service provider Stripe have announced a partnership to help merchants more easily accept cryptocurrency payments through product integration. Through the integration with Stripe, millions of merchants using Stripe will be able to access Crypto.com Pay, allowing consumers to directly use their cryptocurrency balances or stablecoins to complete transactions. Stripe will convert the payments into the merchant's chosen local fiat currency and credit it to their account. Crypto.com stated that it is the first crypto platform to achieve "direct balance payment" integration with Stripe. Simultaneously, Crypto.com will also use Stripe's acquiring services to support users purchasing cryptocurrencies via credit and debit cards, and to drive the expansion of its card products and payment business in the United States. Both parties stated that this partnership aims to improve the availability and reach of crypto assets in everyday commerce.