Stripe returns! Offering various services to the crypto industry, partnering with FTX, and launching Cube Thingies NFT.

The financial services platform Stripe announced on the 11th the launch of financial services related to the cryptocurrency field, offering enterprises the option to use Stripe for cryptocurrency or NFT payments. This announcement marks Stripe's return to the cryptocurrency field after terminating its services in 2018, and partnering with FTX to launch NFT collectibles.

Stripe Crypto Services

"Stripe has begun supporting businesses in the crypto industry: exchanges, deposits, wallets, and NFT markets. In addition to payments, it also includes high-value payments, KYC, identity verification, and fraud prevention," said Stripe co-founder John Collison.

According to the official website of Stripe, the services will include the following:

1. Cryptocurrency exchanges and deposit channels: Allow users from over 180 countries to deposit funds using local payment methods, with fiat currency payments available in over 45 countries. Services are only available in the United States, United Kingdom, and the European Union.

2. Wallets: Using the API provided by Stripe, makes it easier for businesses to manage funds and focus on wallet and DeFi product development.

3. NFT Market: Expand the NFT market and make transactions faster for buyers and sellers joining the platform; with Stripe Identity feature, can verify identification documents from over 33 countries. Services are only available in the United States, United Kingdom, European Union, and Japan.

Launch of Cube Thingies NFT

As Stripe returns to the crypto space, they have also launched a series of NFTs called Cube Thingies on Nifty Gateway, with all proceeds going to the healthcare NGO Watsi.

Partnership with FTX

Yesterday, Stripe also announced a partnership with FTX and FTX US to provide users with a better payment experience.

Through this partnership, FTX has established a new fiat deposit gateway using services provided by Stripe, and utilizes Stripe Radar to prevent fraudulent activities, as well as Stripe Identity to expedite identity verification.