FinTech company Stripe supports the benefits of Stripe Connect, which allows some Twitter creators to use crypto-based rails to generate revenue from social networking services.
Twitter uses Stripe Connect to pay creators revenue from monetized products such as Ticketed Spaces and SuperFollows. Stripe will address crypto-related complexity and operations on a per-party basis, allowing the platform to avoid crypto acquisition, storage, or transfer challenges.
“Twitter is a place for people to discuss what’s happening,” said Esther Crawford, Twitter’s product leader for creators. “We are focused on helping creators who drive these conversations make money and connect with their viewers in new ways. Start offering cryptocurrency payments to creators via Stripe. Excited about that, they have more choices about payment methods. “
For each stripe, when a user links a crypto wallet, the Express account will be able to view the new USDC balance, and the money will be paid to the linked crypto wallet instead of the bank and the funds can be transferred to the balance. Masu account.
Users can specify remittances in US dollars and they will be automatically converted to the recipient’s preferred currency, unifying the payment of fiat and cryptocurrencies.