Stripe’s purchase of the embedded wallet developer is the latest in a series of moves into crypto, notably stablecoin payments.

The financial infrastructure company is stepping into the stablecoin arena, allowing users to hold stablecoins and send funds via crypto or fiat rails.

Stripe will roll out support for USDC on Base.

The company will reportedly allow for USDC payments on Solana, Ethereum, and Polygon.

Stripe, the payments processing giant, introduced a new function which will allow businesses to pay users in crypto using the Polygon network.