Shift4 Launches Multi-Chain Stablecoin Settlement Platform

Shift4 unveils its official stablecoin settlement service, enabling merchants to process payments in USDC, USDT, EURC, and DAI over multiple blockchain networks without relying on traditional bank transfers.

ETH
USDT
SOL

Summary

According to its official announcement, NYSE-listed payment processor Shift4 has launched a stablecoin settlement platform that allows merchants to accept and settle transactions in USDC, USDT, EURC, and DAI without bank transfers. The service operates 24/7 and supports major blockchain networks including Ethereum, Solana, Stellar, Polygon, and Ton. This capability aims to streamline payment processing and expand settlement options for merchants with multi-chain functionality.

Terms & Concepts
  • Stablecoin: A cryptocurrency whose value is pegged to a stable asset like the US dollar or euro.
  • Ethereum: A blockchain known for smart contracts (self-executing blockchain code) and decentralized applications.
  • Polygon: A scaling solution for Ethereum offering faster and cheaper transactions.