Payment processing company Stripe has expanded its integration into the cryptocurrency market by bringing its services to the European Union (EU), allowing customers to purchase bitcoin (BTC) and other cryptocurrencies using credit and debit cards. 

It is worth noting that – as explained in local media – the expansion is initially aimed at sellers and businesses operating within the cryptocurrency market in the region. They are offered new Stripe support for payments with stablecoins that facilitate the conversion and settlement of transactions. 

This enables the option to buy not only bitcoin but also cryptocurrencies such as ether (ETH) and solana (SOL).

Online sellers can add a cryptocurrency purchase widget to their websites, through which payments will be handled, although know-your-customer (KYC) rules related to trading crypto assets apply.

It is worth noting that Stripe, based in the United States and Ireland, has a large customer base made up of e-commerce businesses. The payments company has been expanding aggressively and now operates in more than 100 countries and territories worldwide.

In its latest financial report, the company reported that it had processed more than $1 trillion in payment transactions. The figure marked a 25% increase over previous years.

Stripe’s arrival in the European digital asset market comes at a time when the region is becoming a global leader in cryptocurrency adoption.

A recent report shows Europe's dominance in global cryptocurrency trading , representing 37.3% of the value of global transactions.The report predicts that the volume of cryptocurrency trading in Europe will increase 2.7 times to $40.5 trillion this year. All this is in the context of the entry into force of the first phase of the Market in Cryptocurrency Regulation (MiCA), focusing on stablecoins.