Stripe re-initiates crypto support as it partners with FTX

Stripe announced on Thursday that it had enabled fiat payments API integration for crypto businesses to handle cryptocurrency-to-fiat currency transactions. The payments giant also says it provides adaptable exchange on-ramps as part of the cryptocurrency company’s toolkit. According to Co-Founder John Collison via Twitter, the move could allow crypto exchanges to take fiat deposits and make withdrawals and make withdrawals. The Stripe website explains that the firm’s solutions will enable customers to purchase more than 135 cryptocurrencies with fiat currencies in 180 countries.