Strike, a Bitcoin payments company and remittance app, has integrated Tether’s USDT, the world’s biggest stablecoin, in its platform. The integration addresses key challenges affecting the widespread adoption of crypto-assets, particularly volatility. Combining USDT’s stability and functionality with Strike’s payment solutions is expected to minimize exposure to price fluctuations while providing a “reliable bridge” between traditional financial systems and the crypto world. Tether CTO Paolo Ardoino stated that the collaboration would enhance the cryptocurrency industry’s acceptance and recognition of stablecoins, making digital currencies more widely adopted and driving innovation to create a more inclusive financial ecosystem. Meanwhile, Strike has expanded its app to an extensive list of over 65 countries, meaning that almost three billion people have access to the service. Additionally, Strike has partnered with Fiserv and Shopify to integrate Bitcoin‘s lightning network and enable merchants to accept Bitcoin payments as US dollars seamlessly.
About the author - J-S Tremblay
I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...
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