Stripe has launched subscription capabilities for stablecoin payments, allowing businesses to accept crypto payments that settle directly in fiat. This new feature aims to streamline cross-border transactions and reduce costs for companies, particularly in the AI sector, by integrating stablecoin payments into their existing subscription models. Initially available in private preview for US-based businesses, it supports payments made in USDC over the Base and Polygon blockchains.

Spotify has submitted an update for its iOS app that allows users to view subscription pricing and subscribe via external web links, bypassing Apple's in-app purchase system. This change is a response to a recent ruling that enables developers to offer alternative payment options, potentially benefiting both consumers and creators on the platform.

Stripe has enhanced its payment platform by adding support for stablecoin subscription payments, allowing US-based businesses to process recurring transactions using digital assets like USDC. This feature, powered by a smart contract system, streamlines the payment process and addresses limitations associated with manual transaction approvals, ultimately reducing costs and improving efficiency for companies, especially in the AI sector.

Spotify has reported a significant increase in subscriptions following the implementation of support for external payment options on iOS. This change allows users to bypass Apple's in-app payment system, leading to greater flexibility and potential savings for customers. The move is seen as a strategic effort to enhance user acquisition and retention in a competitive market.