- Online payments company Stripe had tongues wagging yesterday when it dropped support for Bitcoin, saying users viewed the crypto more as a trading asset, rather than a currency. Stipe had begun accepting Bitcoin nearly four years ago, but rising fees and long transaction times were dulling the appeal.
- Alongside, though, Stripe Product Manager Tom Karlo says Stripe could add support for Stellar (of which, Stripe was a very early investor), if substantive use continues to grow. Bitcoin Cash, Litecoin, or another Bitcoin variant may work in the future as well. Stellar is higher by 17% today to $0.57.
- Bitcoin is modestly higher today, but remains in the middle of a trading range of roughly $10K-$12K.
- Related tickers: OTCQX:GBTC, COIN, RIOT, OSTK, SSC, MARA, UEPS, OTC:BITCF, XNET, GROW, OTCPK:BTSC, OTCQB:BTCS, OTCQB:MGTI, OTCPK:BTLLF SRAX, OTCPK:GAHC, OTC:ARSC, OTCPK:USTC, OTCPK:BLKCF, COINB, LFIN
- Now read: Bitcoin And Gold: An Inverse Relationship
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