Overview
- Stripe is enabling recurring USDC payments from customer wallets via a custom smart contract that removes the need to re‑sign each transaction.
- The capability supports more than 400 wallets and automatically settles merchant funds in fiat currency.
- Initial availability starts with U.S.-based businesses, with management in the Stripe Dashboard and compatibility with Billing and the Optimized Checkout Suite.
- The rollout targets subscription merchants, which Stripe says represent about 30% of its user base.
- Stripe highlights cross‑border cost and speed gains, with early adopter Shadeform shifting up to 20% of volume to stablecoins and reporting fees roughly cut in half.