BitPay Introduces Settlement in Stable Coins

BitPay, the largest global blockchain payments provider, today announced the option for merchants to receive settlement in Circle and the CENTRE USD//Coin (USDC) and the Gemini Dollar (GUSD), which are both stable coins pegged to the US Dollar. Merchants and businesses around the world can accept Bitcoin and Bitcoin Cash and now have the additional option to receive their settlement in a US dollar-equivalent cryptocurrency.”