Shift4, a U.S. payments giant handling over $200 billion in annual volume for more than 200,000 businesses, has launched a stablecoin settlement platform for its merchants.
In a Dec. 22 press release, the Pennsylvania-headquartered public company said merchants can now choose to be paid in stablecoins such as USDC, USDT, EURC, or even DAI. As Shift4 explained, these currencies “are already used globally for cross-border commerce, remittances, payroll, B2B settlement, and treasury management.”
Merchants can also choose from networks such as Ethereum, Solana, Plasma, Stellar, Polygon, TON, and Base, with additional networks “added over time,” the firm said.
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