Odaily News According to official news, Paxos, a blockchain and tokenization infrastructure platform, announced the launch of a stablecoin payment platform. Stripe's Pay with Crypto product is powered by Paxos' stablecoin payment infrastructure, making it easier for merchants to accept stablecoin payments. Paxos supports instant conversion between USD and PYUSD, USDP, and USDC when receiving payments, spending, and refunds. Users can choose whether to convert to fiat currency immediately and settle in local currencies such as the US dollar, or pay the stablecoin balance directly to the merchant. Merchants can issue refunds by converting fiat currency immediately into the stablecoin originally used and then sending it directly to the wallet used in the initial payment. The solution supports PYUSD and USDP through on-chain transfers on the Solana and Ethereum networks, as well as USDC through Ethereum, Solana, and Polygon.