- Stripe and Bitstamp have partnered to make Bitcoin and crypto buying accessible to more users in Europe.
- Bitstamp will provide fiat-to-crypto conversion support for Stripe.
- Bitstamp has also partnered with Web3 platform Kryptos to help simplify crypto taxes for customers.
Stripe, a leading payments platform that was launched by Irish entrepreneurs Patrick Collison and John Collison in 2010, has partnered with crypto exchange Bitstamp to bring Bitcoin to more people in Europe. CoinDesk reported the story first.
Bitstamp/Stripe partnership
On Wednesday, the two companies announced in a press release that they would collaborate to make crypto buying accessible and easier for customers in the European Union.
Stripe and Bitstamp are eyeing this partnership as one that offers an easier-to-use fiat-to-crypto on-ramp, which allows users to quickly and easily buy Bitcoin, Ethereum, Solana and other cryptocurrencies.
Users have access to several on and off-ramps, including wire transfers, direct deposits, debit card and mobile money.
Bitstamp’s partnership with the global payments firm comes after Robinhood announced its $200 million acquisition of the Bitstamp platform in June.
The Bitstamp crypto exchange has also announced a partnership with Web3 finance platform Kryptos to simplify crypto taxes for users across 15 countries, including the United Kingdom, Portugal and Australia.
