Stripe companions with Bitstamp to bolster crypto purchases for EU customers

• Stripe and Bitstamp have partnered to make Bitcoin and crypto shopping for accessible to extra customers in Europe.
• Bitstamp will present fiat-to-crypto conversion help for Stripe.
• Bitstamp has additionally partnered with Web3 platform Kryptos to assist simplify crypto taxes for purchasers.

Stripe, a number one funds platform that was launched by Irish entrepreneurs Patrick Collison and John Collison in 2010, has partnered with crypto trade Bitstamp to deliver Bitcoin to extra folks in Europe. CoinDesk reported the story first.

Bitstamp/Stripe partnership

On Wednesday, the 2 firms introduced in a press launch that they might collaborate to make crypto shopping for accessible and simpler for purchasers within the European Union.

Stripe and Bitstamp are eyeing this partnership as one that gives an easier-to-use fiat-to-crypto on-ramp, which permits customers to shortly and simply purchase Bitcoin, Ethereum, Solana and different cryptocurrencies.

Customers have entry to a number of on and off-ramps, together with wire transfers, direct deposits, debit card and cell cash.

Bitstamp’s partnership with the worldwide funds agency comes after Robinhood introduced its $200 million acquisition of the Bitstamp platform in June.

The Bitstamp crypto trade has additionally introduced a partnership with Web3 finance platform Kryptos to simplify crypto taxes for customers throughout 15 international locations, together with the UK, Portugal and Australia.