Shift4 recently announced the launch of its innovative stablecoin settlement platform. This new solution helps hundreds of thousands of merchants globally receive funds faster than ever. It provides an alternative to traditional bank transfers by enabling daily transactions with digital assets. The company aims to provide instant liquidity to its users worldwide.
The platform allows businesses to move money at any time. Merchants no longer face the constraints of standard banking hours or holiday delays. This service supports popular stablecoins like USDC, USDT, EURC, and DAI. It operates across major networks like Ethereum, Solana, and Polygon. It also utilizes Plasma, Stellar, TON, and Base.
Innovative Financial Solutions
Shift4 aims to simplify the complex payments ecosystem with this rollout. The company processes billions of transactions every year for various industries. By adding stablecoin settlement, Shift4 helps businesses adapt to a modern 24/7 global economy. This flexibility is vital for companies that need immediate access to their hard-earned capital.
Pietro Moran, Director of Crypto at Shift4, discussed the growing demand for these digital solutions.
“It is not surprising that more businesses want the added flexibility and speed of stablecoins in our 24/7 global economy. As Shift4 becomes an increasingly global company, this offering will support businesses around the world as stablecoins continue to play a growing role in the modern payments ecosystem.”
This initiative is a big step for the fintech leader. It gives merchants the tools they need to succeed in a digital-first world. The platform is now available to all Shift4 merchant customers looking for faster settlement options. This decision puts the company in a leading position in blockchain-based commerce.
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News Source: Businesswire.com