Stripe Expands Crypto Purchases in Europe with Card Integration

Stripe has expanded its cryptocurrency integration in Europe, enabling customers across the EU to purchase Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies using their Stripe-issued credit or debit cards.

This move allows online vendors to integrate a crypto-purchasing widget on their websites. This widget manages transactions, handles disputes, and complies with Know Your Customer (KYC) requirements for online crypto transactions.

John Egan, Stripe’s head of crypto, highlighted that this expansion empowers crypto companies to facilitate quick and easy cryptocurrency purchases for European consumers.

The initiative aims to support merchants in optimizing conversions, verifying identities, and preventing fraud, thereby enabling them to focus on business growth and customer service.

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Additionally, Stripe’s recent announcement includes plans to support stablecoin payments, where transaction settlements are immediately converted into fiat currencies like dollars or euros.

The expansion into the EU market comes amid Stripe’s strategic growth, including a recent investment from Sequoia Capital that valued the company at $70 billion.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.