Fintech firm Stripe rolls out feature to let Twitter users get paid in stablecoin USDC

Fintech firm Stripe (STRIP) has introduced a new cryptocurrency payout feature allowing companies to pay their users with digital assets, according to a blog post Friday. The crypto payout feature, which was built on Stripe Connect, will initially be accessible to a select group of Twitter (NYSE:TWTR) creators, meaning those users will receive their earnings from Ticketed Spaces and Super Follows in crypto, the blog post read. Stripe (STRIP) will initially support payouts in stablecoin USDC (USDC-USD), a stablecoin pegged to the U.S. dollar, the company said. And the payouts will take place over the Polygon (MATIC-USD) network given its low transaction fees and speed. Additional crypto-based rails and payout currencies will be supported over time, the company added. The fintech firm is joining a raft of payment giants like Visa (V), Mastercard (MA) and PayPal (PYPL) to further progress in the decentralized space. In March, Crypto exchange FTX shifted to