Tag: stellar

Stellar Lumens Displaces Litecoin as #6 Top Crypto

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Will Stripe Add Support for Stellar Lumens?

Yesterday, Stripe announced that it would be halting support for Bitcoin on its payments platform. Besides being just generally awesome as an entrepreneur’s tool, Stripe was a pioneer in 2014 when it started accepting Bitcoin as a means of payment for online transactions. Soon after, popular e-commerce WordPress plugin maker WooCommerce integrated it into its Stripe payment gateway, allowing any WordPress site running WooCommerce to accept Bitcoin. Stripe processes >$20 billion in transaction volume every year. E-commerce sales are projected to reach $631 billion by 2020. This means Stripe has…

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Stripe Ceasing WooCommerce Bitcoin Payments

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Stripe Bitcoin Patrick Collison

Stripe has announced that it has decided to stop accepting Bitcoin through its payment gateway. Stripe was a pioneer in online cryptocurrency payments, and was the first major payments company to incorporate Bitcoin into its platform back in 2014. The last day for Stripe Bitcoin payments will be April 23rd, 2018. This is a bummer for anyone who uses WooCommerce and wants to accept Bitcoin. WooCommerce is the most popular e-commerce plugin for WordPress sites. Why Is Stripe No Longer Accepting Bitcoin? The problem, as conveyed by Patrick Collison, one of…

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