{"id":78343,"date":"2023-05-05T12:37:32","date_gmt":"2023-05-05T09:37:32","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=78343"},"modified":"2025-09-11T04:31:13","modified_gmt":"2025-09-11T01:31:13","slug":"stripe-launches-fiat-to-crypto-onramp-service","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/stripe-launches-fiat-to-crypto-onramp-service\/","title":{"rendered":"Stripe launches fiat-to-crypto onramp service"},"content":{"rendered":"<p>Stripe, the payments infrastructure provider for online businesses, announced the launch of a platform to convert fiat into digital assets.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re introducing a Stripe-hosted fiat-to-crypto onramp (no code required) and unlocking the waitlist for the embeddable onramp. ? <a href=\"https:\/\/t.co\/U9OW2cjFrZ\">https:\/\/t.co\/U9OW2cjFrZ<\/a> <a href=\"https:\/\/t.co\/jjmkDUiOqc\">pic.twitter.com\/jjmkDUiOqc<\/a><\/p>\n<p>\u2014 Stripe (@stripe) <a href=\"https:\/\/twitter.com\/stripe\/status\/1654156129960615938?ref_src=twsrc%5Etfw\">May 4, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the statement, the Stripe Onramp initiative simplifies access <a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a>-companies and US-based customers to purchase cryptocurrencies.<\/p>\n<p>Users and developers can choose one of two ways to use the service. The first allows embedding a Stripe payment widget on a website, and the other redirects customers to a separate page.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8216;Onramp is designed to optimize conversion and authorization rates, which increases the likelihood of successful transactions. The service includes built-in tools for identity verification and fraud prevention to help companies comply with <span data-descr=\"Know Your Customer \u2014 'know your customer'\" class=\"old_tooltip\">KYC<\/span> requirements,&#8217; the press release said. <\/p>\n<\/blockquote>\n<p>Web3 companies Brave, Safe, 1inch and Lens Protocol participated in the platform&#8217;s development. These projects are also integrating Stripe Onramp into their services.<\/p>\n<p>In April 2022, Twitter added the ability to pay <a href=\"https:\/\/forklog.com\/en\/news\/twitter-to-test-usdc-payments-via-stripe\">rewards in USDC<\/a> on the Polygon blockchain via Stripe.<\/p>\n<p>In January 2023, the social network, together with the payments platform <a href=\"https:\/\/forklog.com\/en\/news\/rumours-surface-of-twitter-donations-being-integrated-into-digital-tokens\">began testing<\/a> the cryptodonations feature.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stripe, the payments infrastructure provider for online businesses, announced the launch of a platform to convert fiat into digital assets.<\/p>\n","protected":false},"author":1,"featured_media":78344,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1198,1519],"class_list":["post-78343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-payments","tag-stripe"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=78343"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78343\/revisions"}],"predecessor-version":[{"id":78345,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78343\/revisions\/78345"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/78344"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=78343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=78343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=78343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}