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Payments Giant Stripe Rolls Out Pilot to Test Crypto Payouts With Twitter

On April 22, the payments giant Stripe announced that it is expanding global payouts with crypto assets via a new pilot. Stripe’s crypto executive Karan Sharma revealed crypto payouts for the firm’s Connect service to a select group of Twitter users as the social media platform is Stripe’s first partner.

Stripe revealed on Friday that it plans to allow businesses to pay users in digital currencies via a pilot through Stripe’s Connect service. The company’s first partner is Twitter and crypto payouts will at first start with usd coin (USDC) payments. Starting today, a specific amount of selected crypto users will be paid in USDC if they obtain earnings from Twitter services like Super Follows and Ticketed Spaces.

What do you think about Stripe’s new payouts in crypto and partnering with Twitter to pilot the program? Let us know what you think about this subject in the comments section below.

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