Avalanche set to gain wider reach with its Stripe integration

Avalanche’s partnership with payment processing giant Stripe is set to give the cryptocurrency firm a wider reach and potentially drive more interest in web3. The integration will allow users to purchase Avalanche’s AVAX token directly on the Stripe platform, as well as access dapps and NFTs in the Avalanche ecosystem. This move is part of Stripe’s ongoing efforts to strengthen its crypto offerings and provide a fiat-to-crypto onramp for US business users. Avalanche’s native ecosystem wallet, Core, has also been integrated into Stripe, further bridging the gap between crypto and fiat. The partnership with Stripe could bring more traffic into the Avalanche ecosystem and potentially lead to a rally in the AVAX token. Since the announcement, Avalanche has already seen a 4.6% increase in value. This collaboration follows Avalanche’s previous partnerships with companies like Alipay, Deloitte, and Amazon, demonstrating its growing presence in the industry.