Stripe has unveiled a new feature that allows businesses to accept recurring subscription payments using stablecoins. This gives companies a way to offer customers crypto-wallet-based subscriptions, while receiving settlement in fiat through Stripe.
Key Details
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Merchants can now let customers pay subscription fees using stablecoins, starting with USDC on the Base and Polygon blockchains.
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To solve one of blockchain’s obstacles, Stripe created a smart contract that eliminates the need for customers to “sign” every transaction. Once a wallet is authorised, it can handle recurring payments automatically.
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Subscription management for stablecoins is integrated into Stripe’s Dashboard. Businesses can mix fiat and stablecoin subscriptions together and use Stripe’s existing billing tools and optimized checkout flow.
Scope & Limitations
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This feature is currently in private preview and only available to U.S.-based businesses.
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Stripe supports more than 400 wallets for customers to use stablecoins for subscription payments.
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All payments settle in USD. That means even though customers pay in stablecoins, the merchant receives fiat.
This move reflects Stripe’s increasing investment in crypto rails as part of its broader strategy. Stablecoin subscriptions could make recurring business models more efficient, especially for companies operating globally, by reducing payment delays, lowering transaction costs, and providing more payment flexibility.