{"id":34058,"date":"2025-06-27T14:02:11","date_gmt":"2025-06-27T14:02:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34058"},"modified":"2025-06-27T14:02:11","modified_gmt":"2025-06-27T14:02:11","slug":"bolt-embraces-stablecoin-payments-for-global-marketplaces-as-digital-dollar-race-heats-up","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34058","title":{"rendered":"Bolt Embraces Stablecoin Payments for Global Marketplaces as Digital Dollar Race Heats Up"},"content":{"rendered":"<div>\n<p>Bolt, San Francisco-based checkout and payments platform, said on Friday it has added support for stablecoin payments, a move aimed at streamlining cross-border commerce for marketplaces and merchants using its network.<\/p>\n<p>The addition is part of Bolt Connect, a new product focused on helping digital marketplaces scale quickly by automating merchant onboarding, compliance and payouts.<\/p>\n<p>For merchants, receiving stablecoin payments means fewer bank intermediaries, faster settlements and lower transaction costs, the company explained the initiative in the <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bolt-announces-bolt-connect-for-marketplaces-and-launches-support-for-stablecoin-payments-302492926.html\">press release<\/a>. Consumers can benefit, too: a shopper without a bank account or buying from a store across the world can pay instantly using digital dollars without incurring foreign transaction fees or waiting on credit card clearances.<\/p>\n<p>&#8220;Marketplaces shouldn&#8217;t have to choose between scale and simplicity,&#8221; said Ryan Breslow, Founder and CEO of Bolt. &#8220;With Bolt Connect, we&#8217;re giving them the tools to grow without the usual technical burden, while stablecoin support opens the door to faster, borderless payments for everyone in the network.&#8221;<\/p>\n<p>Bolt is the latest example of global payment firms like <a href=\"https:\/\/www.coindesk.com\/business\/2025\/06\/24\/mastercard-expands-stablecoin-push-with-paxos-fiserv-and-paypal-integrations\">Mastercard<\/a>, <a href=\"https:\/\/www.coindesk.com\/business\/2025\/06\/19\/visa-expands-stablecoin-reach-in-europe-middle-east-and-africa\">Visa<\/a> and <a href=\"https:\/\/www.coindesk.com\/business\/2025\/05\/30\/stripe-explores-bank-partnerships-on-stablecoins-as-payments-importance-grows-ceo-john-collison\">Stripe<\/a> racing to embrace <a href=\"https:\/\/www.coindesk.com\/opinion\/2025\/06\/23\/stablecoins-are-a-monetary-revolution-in-the-making\">stablecoins<\/a>, a type of digital currency with prices anchored to an external asset such as fiat currencies, into their offerings. It&#8217;s a $260 billion, and rapidly growing, asset class which promises programmable transactions and faster, cheaper cross-border payments than through traditional banking channels. Adoption is expected to accelerate after the U.S. Senate passed the GENIUS Act to regulate the stablecoin sector.<\/p>\n<p>Bolt&#8217;s stablecoin initiative came on the heels of debuting its financial &#8220;SuperApp&#8221; that allows users to hold, send and receive cryptocurrencies including stablecoins within the application.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bolt, San Francisco-based checkout and payments platform, said on Friday it has added support for stablecoin payments, a move aimed at streamlining cross-border commerce for marketplaces and merchants using its network. The addition is part of Bolt Connect, a new product focused on helping digital marketplaces scale quickly by automating merchant onboarding, compliance and payouts. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-34058","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34058"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34058\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}