Stripe Financial News

web3.0 infrastructure protocol Pocket Network has announced an upgrade to its Pocket Portal service, which would enable web3.0 developers to create accounts, mint remote procedure call (RPC) endpoints for their dapps. This will also give access to blockchain information across any of the several blockchains supported by Pocket. ‘Pay-as-you-go’ (PAYG) and ‘Always Free’ tiers are part of the recently customised Pocket Portal service plans. Developers can receive up to 2,50,000 daily data relays for their dapps under the ‘Always Free’ tier. If a dapp’s traffic requirements are higher, developers may choose a simplified PAYG plan or may seek a unique plan from the Pocket network team.Ability to create an endless number of endpoints With the PAYG approach, developers can avoid paying a large amount of money upfront for relay traffic that they might not utilise by only paying for the data relays that their dapps actually use each month.

Stripe, the global payment processing giant and Coinbase partner, has announced a significant expansion of its cryptocurrency services into the European Union (EU).

Internet payment processor Stripe has introduced a fiat-to-crypto onramp to address the "cold start problem" faced by Web3 companies as a result of customers not having “crypto in their wallets to carry out transactions.”

Last year proved that the Web3 space is not just a phenomenon but rather the future of digital interactions. However, as pervasive as the space has become, many are still skeptical as to how it can and will be a part of their lives. 

Blockchain-based music streaming platform Audius, NFT marketplace Magic Eden, and crypto wallet provider Argent, along with 13 other crypto projects have partnered with Stripe to use its fiat-to-crypto on-ramp for instant settlement of crypto. 

Payments giant Stripe has launched support for cryptoassets and non-fungible tokens (NFTs), while crypto exchange FTX and its US arm also signed with Stripe for payments and know-your-customer (KYC) services.

U.S.-based fintech giant Stripe has significantly ramped up its crypto initiatives after it launched a service that enables payments for NFTs and digital assets via fiat currency.