Stripe Launches USDC Recurring Subscription Payments on Polygon, Base
The post Stripe Launches USDC Recurring Subscription Payments on Polygon, Base appeared on BitcoinEthereumNews.com.
Key Notes Smart contracts enable wallet authorization for automatic recurring debits, eliminating manual transaction approvals for each payment cycle. Bridge subsidiary applies for OCC national bank trust charter, joining Circle, Ripple and Paxos in pursuing federal regulation. Stablecoin market reaches $293 billion capitalization with $3.7 trillion monthly transfers across 29 million active addresses. Financial technology company Stripe announced on Oct. 14 that it has introduced recurring subscription payments using USD Coin USDC $1.00 24h volatility: 0.0% Market cap: $76.13 B Vol. 24h: $26.65 B for businesses in the United States. The service, which will initially run on the Polygon and Base blockchains, is designed to streamline payments for companies with recurring revenue models, such as AI platforms and other Web3 services. The new feature, according to the announcement, utilizes a smart contract that lets customers save a crypto wallet and authorize it for recurring debits, removing the need to manually sign every transaction. While this aims to simplify user experience, the security of such a mechanism will be under scrutiny, pending audits and evaluations from independent security firms. Coinspeaker has reached out to Stripe for comment on the auditing process and security measures for the new smart contracts. As part of a broader strategy, Stripe is also pursuing federal regulatory oversight. Its subsidiary, Bridge, has applied for a national bank trust charter with the US Office of the Comptroller of the Currency (OCC). This move places Stripe alongside other major industry players like Circle, Ripple, and Paxos, all seeking to operate within a federally regulated framework in the rapidly growing stablecoin sector. Stripe Cements Its Role in Stablecoin Infrastructure This move to simplify subscription payments is the latest in a series of initiatives aimed at building a comprehensive stablecoin ecosystem. At its New York showcase on Sept. 30, Stripe announced…
Filed under: News - @ October 14, 2025 9:28 pm