You can now accept stablecoins for recurring payments with @Stripe. 🔄 Let customers use their crypto wallets to pay for subscriptions 👩‍💻 Manage fiat and stablecoin subscriptions together from your dashboard 🌏 Reach global customers at lower costs Here’s how it works:

To enable stablecoin-based subscriptions, request access:

Join @higgsfield_ai and other businesses accepting stablecoin payments today: "We’re incredibly excited about rolling out stablecoin subscription payments with Stripe. Stablecoin payments help us reduce our cost of revenue for payments from all around the globe, attract more tech-forward users, and reach folks who don’t have access to other payment methods." More details in our blog post:

@stripe This looks like the wallet is giving unlimited access to pull funds / uncapped spend. Normally when I sign up for a subscription I authorise $X amount monthly ~ is there anything that limits the merchant over charging?

Great question! Stripe has implemented guard rails such that each smart contract the customer provides a spending cap request to is specifically tied to and can only transfer funds to that merchant itself. Beyond that, only the merchant can initiate funds pulls (via their Stripe API secret key). These dynamics are not too dis-similar to other fiat payment methods (i.e. credit cards) where the merchant can charge any amount at any time once the customer has saved their credit card details to the merchant. As a result, when/if a customer deletes their crypto PaymentMethod with the merchant, the merchant will not have access to charge the customer’s wallet.

@stripe Thanks! Would make sense to only connect wallets with limited crypto imo ~ cards have spending caps and consumer protections so I wouldn’t give a merchant access to withdraw my whole crypto balance.

@stripe the future of payments is onchain.

@stripe 💜

@stripe 🔥

@stripe How does this handle the flow when customers don’t have enough funds in their wallet for subsequent months?

Great move 👏 LaqiraPay already takes it fully on-chain | any token, any network, instant stablecoin settlement.

@stripe Awesome.Great having this launch and your pitch show up on my feed. Congrats Jen!

@stripe Ahh long time no see! Thanks so much, Zach!!

@stripe Global subscription models now have a blockchain-native option that actually works at scale.

@stripe Let's go! Congrats Jen and Stripe team!

@stripe So it’s not auto recurring with an account permission, right? I have to sign every year, so I get an email to do that? I assume this increases churn by a few multiples, right?

@stripe It IS auto-recurring, so you do not have to sign every year, just like a credit card subscription That was the main thing that we wanted to do differently than what we've seen out there in the market

@stripe Just requested access!

@stripe Why would you set infinite usdc allowance? You should use scope keys (permissions) here with some sort of worker to recurrently check it out

@stripe This looks cool! Is there a blogpost on how this actually works from a customer's wallet POV? Would I have to sign a transaction every time the merchant wants to charge me or I do pre-sign a bunch of transactions when I sign up to the merchant's service or something else?

@stripe Yes, if you watch the video starting around 0:34, you'll be able to see the customer-facing POV The whole idea is that you're able to sign once, and not have to come back for each charge

@stripe I see! Should have watched till the end the first time around lmao. Would love a post on how this works on the backend similar to what you have for payment intents.

@stripe wonder what's your provider for recurring payments? do you use @otimlabs?

@stripe This is super cool - how?

@stripe Why are your employees in Dublin tweeting such things Are these views acceptable to Stripe?

@stripe actually massive

@stripe Gradually, then suddenly. Very cool.

@stripe When would it be available outside of US?

@stripe Stripe getting serious about stablecoins is a big win. Stuff like that makes crypto feel way more usable. @spreefinance is doing something similar with loyalty rewards, making it smooth, transparent, and actually useful. Web3’s growing up for real.

@stripe @tempo is coming

@stripe This is a good crazy!

@stripe slowly, then all at once

@stripe This is a big step for global payments. The challenge is making sure all transactions, fiat or stablecoin, are tracked reliably, so silent failures don’t impact recurring revenue.

@stripe Oh shut up, you're censorship is the main problem here and it's driving me away from not using your @Stripe again.

@stripe This is huge for stablecoin adoption. Recurring payments are where crypto meets real-world utility.

@stripe 💪🏼💪🏼💪🏼

@stripe 🙌

@stripe Incredible 👏

@stripe Stripe is illegally holding payments and taking money from my sales with random, unjustified fees.

@stripe Would love to chat will send you a dm