Tech

Stripe to bring back crypto payments

Company previously enabled Bitcoin payments but cut the service in 2018 in part due to a lack of customer demand

Stripe’s offices in San Francisco

Stripe, the company founded and led by Patrick and John Collison, is bringing back crypto payments by allowing merchants using its platform to accept stablecoins for online transactions.

“There’s been a lot of technical improvements happening in crypto,” said John Collison, co-founder and president, at the payments processing company’s annual conference in San Francisco. The option should be available this summer, he added.

Transaction speeds have increased in crypto, while fees have gone down as ...