Stripe announces fiat payment support for cryptocurrencies and NFTs

United States-based fintech giant Stripe has launched a service that enables payments for NFTs and digital assets via fiat currency.

Businesses can use Stripe’s new application programming interfaces (APIs) to accept fiat payments for crypto, provide digital wallets, payout users in fiat, leverage identity and Know Your Customer (KYC) solutions and utilize data to detect and block fraudulent transactions.