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Author: Admin | 2025-04-28
Stripe now enables merchants to embed the acceptance of digital payments, with a full suite of developer-first tools that makes the entire payments experience seamless. Stripe is not only a titan within Fintech, but has also grown to become one of the most valuable private companies in the world.Stripe’s mission is to “increase the GDP of the Internet” The internet is evolving and Stripe identified a payment challenge that whilst crypto and Web3 has evolved, the way that people interact with this space is far too complicated. As Guillaume Poncin, Stripe’s Crypto Lead explained:“Web3 developers have many missing pieces that prevent them from delivering a great on-and-off-ramp payments experience. We need to provide developers with the right tools to get the Web3 payments experience to parity with Web2.”In partnership with Zero Hash, Stripe took their first step on this journey by launching an embeddable and customizable fiat-to-crypto onramp solution. Zero Hash CEO and Founder, Edward Woodford, had the pleasure of sitting down for a live discussion with Stripe Crypto Lead, Guillaume Poncin, to discuss:Why Stripe is excited about innovation with crypto and Web3 rails;Why they decided to partner with Zero HashHow Stripe and Zero Hash are removing barriers between web2 and Web3 for a seamless payments experience for startups and established companies alikeLet’s start by looking a closer look at the Stripe on-ramp:A) The opportunity that Stripe saw: Leveling up the Web3 payments experienceThe objective for Stripe were to solve challenges in the Web 3 payments experience:Support Web3 developers with better payments tools to offer a seamless fiat-to-crypto onramp experience for their end-users;Remove the complexity of onramp for Web 3, including fraud and KYCEnable consumers to seamlessly purchase tokenized Web 3 assets, including NFTsFor example, today, if you wish to buy an NFT for the first time, you have to go through several steps. From a Web3 developer’s perspective, they need to integrate a myriad of vendors to facilitate the NFT checkout experience. A developer’s time is best spent focused on keeping users in the app and providing the easiest way to complete a purchase.On the challenges that Stripe sought
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