In 2018, we added support for four additional cryptocurrency settlement options for BitPay merchants. In addition to Bitcoin (BTC), BitPay merchants can receive settlements in Bitcoin Cash (BCH) and three stablecoins (GUSD, USDC, and PAX).
Now we’re happy to share a new improvement: merchants can receive their BitPay settlements in up to five of these cryptocurrencies at once, in addition to their supported local currency.
Here’s a glimpse of the new settlements page merchants can see when they log into their BitPay accounts:
Want to start receiving multi-cryptocurrency settlements for your BitPay payments? View our guide to getting started.
We’re excited to provide additional options and to give our merchants more flexibility with their settlements. We hope to continue adding valuable options for our merchants and their customers.
Want to learn about why we started settling in stablecoins like GUSD, USDC, and PAX in 2018? Read our blog post, “Why is BitPay Settling to Merchants with Stablecoins?”
Post written by our friend Charles Pustejovsky
Syndicated from bitpay.com