Twitter and Stripe roll out USDC payout program for creators via Polygon

Twitter and Stripe roll out USDC payout program for creators via Polygon



On Friday, Twitter and Stripe announced the rollout of crypto payouts for Stripe Connect. As told by the two companies, a select group of creators on Twitter will soon be able to receive their earnings on the platform in the form of the USD Coin (USDC) stablecoin. Payments will occur via the Polygon (MATIC) network, a layer-2 blockchain known for its low fees, fast transaction speed, innovative zero-knowledge technology and integration with Ethereum (ETH).

As a centralized platform, content creators and freelancers would first need to pace Know Your Customer onboarding checks conducted by Stripe. Afterward, they can manage their account details, track real-time earnings and upcoming payouts into their crypto wallets.

By the end of the year, Twitter and Stripe plan to expand the program to over 120 countries. Regarding the development, Esther Crawford, Twitter’s product lead for creators, commented: 

“We’re excited to begin offering crypto payouts to creators via Stripe, so they have more choice in how they get paid.”

At the time of publication, Twitter is being targeted in a “hostile takeover” by billionaire entrepreneur and Tesla CEO Elon Musk. As told by Musk, his top pledges, should his bid for the company succeed, are to cut down on the cryptocurrency scam tweets spreading across the platform and perhaps introduce a Dogecoin (DOGE) payment option for its Twitter Blue monthly subscription service.

okex





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

You have not selected any currency to display

Pin It on Pinterest

Ico-Investor
Blockonomics
Ico-Investor
Twitter and Stripe roll out USDC payout program for creators via Polygon
okex
Changelly
3 Token Unlocks to Watch In the Last Week of June 2025
Altseason Surges On After Binance Futures Volume Hits $100B
Hedera (HBAR) Gains 5% But Faces Bearish Challenges Ahead
Bitcoin, Ether Tipped For Upside As ETH Hits 7-Month High
No Difference Between CBDCs and Regulated Stablecoins
The GENIUS Stablecoin Bill Prohibits Yield, ETH Stands to Benefit
Blockonomics
Ledger
Justin Sun-backed Tron Inc. to ring Nasdaq bell tomorrow following reverse merger
World Liberty Financial acquires 3,473 ETH
Trump’s Crypto Working Group Set to Deliver Report—What Experts Expect To See
XRP Ledger at Core of VERT’s Strategy for $500M in Tokenized Private Credit Pipeline
Pi Network (PI) Sinks 10% in a Week, Bears Eye All-Time Low
Justin Sun-backed Tron Inc. to ring Nasdaq bell tomorrow following reverse merger
World Liberty Financial acquires 3,473 ETH
Trump’s Crypto Working Group Set to Deliver Report—What Experts Expect To See
XRP Ledger at Core of VERT’s Strategy for $500M in Tokenized Private Credit Pipeline