Stripe, a payment processing firm, has announced plans to introduce global USDC payments this summer, marking a return to cryptocurrency support more than six years after ending Bitcoin assistance. John Collison, President and Co-founder of Stripe, revealed this upcoming feature during a presentation. He demonstrated how customers will be able to connect their crypto wallets to Stripe and make instant payments using USDC on Solana and Ethereum. Additionally, businesses using Stripe will have the option to offer stablecoin payments to their customers. Stripe had previously supported Bitcoin payments but discontinued the feature in April 2018, citing its limited usefulness in transactions. In 2022, the company launched a comprehensive suite of tools and services for cryptocurrency-focused businesses. Collison explained at the time that Stripe now supports various crypto businesses, including exchanges, wallets, and NFT marketplaces, facilitating pay-ins, payouts, KYC, identity verification, fraud prevention, and more. Later that year, Stripe introduced an embeddable fiat-to-crypto onramp for Web3 developers, followed by a hosted onramp at crypto.link.com in early 2023. USDC, which aims to maintain a 1:1 peg to the US dollar, is currently the second-largest stablecoin by market capitalization, after USDT.