CoinVoice has recently learned that Paxos, a blockchain and tokenization infrastructure platform, has launched its new stablecoin payment platform. Stripe’s Pay with Crypto product is powered by Paxos’ stablecoin payment infrastructure, making it easier for merchants to accept stablecoin payments.
Paxos supports instant conversion between USD and PYUSD, USDP, and USDC in incoming payments, payouts, and refunds. After receiving a stablecoin payment through Paxos, users can choose whether to immediately convert to fiat currency and settle in local currency such as USD, or pay the stablecoin balance directly to the merchant. [Original link]
