Stripe is bringing stablecoins further into mainstream finance with the launch of USDC subscription payments via the Base and Polygon blockchains. Announced on October 14, the new feature targets the 30% of Stripe merchants operating on recurring revenue models.
The update allows users to pay subscriptions directly from their crypto wallets, with payments settled in fiat currency. Subscribers can also manage their stablecoin payments from the Stripe Dashboard, giving both crypto-native users and those with limited access to traditional payment systems a new way to transact.
To power the feature, Stripe uses smart contracts that authorize wallets for recurring payments eliminating the need to re-sign each transaction. The system supports over 400 wallets and will initially roll out to U.S.-based businesses.
Stripe emphasized that stablecoin payments are driving global growth, particularly for firms with cross-border operations. The company noted that its top 20 merchants, 19 of which are U.S.-based, generate 60% of revenue outside the U.S., underscoring the importance of faster and cheaper global settlements.
Alex Mashrabov, CEO of Higgsfield, praised the move, saying stablecoin payments help lower costs, attract tech-savvy users, and reach underbanked customers.
With this integration, Stripe continues to bridge traditional finance and crypto, positioning USDC as a viable tool for real-world payments.
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