Shift4 Launches Global Stablecoin Settlement Platform, Unlocking Faster Payments for Merchants
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Tags
crypto
Key Terms
stablecoinfinancial
A stablecoin is a type of digital currency designed to keep its value steady, often by being backed by traditional assets like money or commodities. For investors, stablecoins offer a reliable way to move money quickly across digital platforms without the value fluctuations common with other cryptocurrencies, making them useful for saving, trading, or transferring funds with less risk of sudden losses.
usdcfinancial
USDC is a digital token designed to hold the same value as one U.S. dollar, acting like a digital dollar you can use on the internet. Investors care because it provides a quick, low-cost way to move and store value, reduce price swings common in cryptocurrencies, and park cash in trading or payments without converting to traditional bank deposits, though its safety depends on how and where the backing dollars are held.
usdtfinancial
A digital token pegged to the U.S. dollar that is used on cryptocurrency platforms to move and store value without converting back to bank-issued cash. Think of it as a digital dollar bill used inside trading venues: it helps investors move quickly between assets, manage short-term cash needs, and measure portfolio value in dollar terms, but its stability depends on the issuer’s reserves and market trust.
daifinancial
DAI is a type of cryptocurrency designed to maintain a stable value roughly equal to one U.S. dollar, making it useful as a digital cash substitute within the crypto ecosystem. It matters to investors because it lets them park value, move money, or trade without the price swings of typical cryptocurrencies; like keeping cash in a wallet that’s supposed to stay at a fixed amount, it reduces volatility risk but still carries technical and systemic risks tied to the systems that create and manage it.
ethereumtechnical
Ethereum is a digital money system and computing platform built on a shared online ledger called a blockchain; its native token, ether (ETH), is used to pay for transactions and run automated contracts. Investors care because ether acts like a tradeable asset whose price can move sharply, and the platform’s usage, upgrades, and rules affect supply, demand and potential returns—think of it as both a new kind of commodity and the fuel for a global app store.
solanatechnical
Solana is a blockchain platform and its native digital token (SOL) that records and secures fast, low-cost transactions and runs apps without a central company—think of it as a public, high-speed ledger that handles lots of small tasks quickly. Investors care about Solana because the token’s price tends to reflect how much the network is used, how reliable and secure it is, and shifts in broader crypto markets and regulation, so outages, adoption or rule changes can move its value.
Merchants can now move money at any time and access funds faster than ever before
CENTER VALLEY, Pa.--(BUSINESS WIRE)--
Shift4 (NYSE: FOUR), a global leader in integrated payments and commerce technology, has announced the launch of its stablecoin settlement platform. Hundreds of thousands of merchants globally will now have the option to receive money more quickly and move funds 24/7 via stablecoin settlement, without the constraints of typical banking hours or other limitations.
This solution will allow merchants to opt into being settled in popular stablecoins such as USDC, USDT, EURC and DAI rather than receiving a bank transfer. It will also give merchants the flexibility to choose from popular networks such as Ethereum, Solana, Plasma, Stellar, Polygon, TON and Base.
“As Shift4 becomes an increasingly global company, this offering will support businesses around the world as stablecoins continue to play a growing role in the modern payments ecosystem. It is not surprising that more businesses want the added flexibility and speed of stablecoins in our 24/7 global economy and we’re here to power commerce no matter what payment type is being used by the consumer or settled for the merchant,” said Pietro Moran, Shift4’s Director of Crypto.
Shift4 (NYSE: FOUR) is boldly redefining commerce by simplifying complex payments ecosystems across the world. As the leader in commerce-enabling technology, Shift4 powers billions of transactions annually for hundreds of thousands of businesses in virtually every industry. For more information, visit shift4.com.
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