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Whop Breaks Free from Stripe: Enabling Global Crypto Payouts in BTC and Stablecoins

Whop Breaks Free from Stripe: Enabling Global Crypto Payouts in BTC and Stablecoins

In the fast-evolving world of blockchain and digital economies, platforms are constantly pushing boundaries to offer more flexibility to their users. Recently, a clip from ThreadGuy LIVE caught the attention of the crypto community, where Steven Schwartz, the founder of Whop, shared exciting updates about their payment system. This move could be a game-changer for creators, especially those in the meme token space who rely on global, crypto-friendly payouts.

Whop's Shift to Independent Payment Rails

Whop, a popular platform for building and monetizing online communities, digital products, and services—like Discord servers for trading signals or exclusive meme token groups—has announced they're going independent from Stripe. In the tweet shared by CounterParty TV, Schwartz explains the reasoning behind this bold decision.

He states, “We’ve built a lot of our own payment rails that allow us so much more flexibility on everything, from payment methods that we accept to which countries we can pay out, you can now get paid out in BTC or stablecoins in basically every country in the world."

This clip, featuring Schwartz on a podcast-style interview, highlights how Whop has invested heavily in their own infrastructure to overcome limitations posed by traditional payment processors like Stripe.

Why This Matters for the Crypto and Meme Token Community

For those unfamiliar, Stripe is a leading payment gateway used by many online businesses for handling transactions. However, it has restrictions on crypto integrations and global payouts, especially in emerging markets where many blockchain enthusiasts reside.

By building custom payment rails—a term referring to the underlying systems that process and route payments—Whop is now able to support payouts in Bitcoin (BTC) and stablecoins. Stablecoins are cryptocurrencies designed to maintain a stable value, often pegged to fiat currencies like the US dollar, making them ideal for reliable transfers without volatility.

This is particularly relevant for meme token creators and traders. Many meme projects thrive on community-driven platforms like Whop, where users sell access to premium groups, NFT drops, or token launch strategies. With global crypto payouts, creators from anywhere can receive earnings directly in their preferred digital assets, bypassing banking hurdles and high fees.

Imagine a meme token developer in a developing country getting paid instantly in USDC (a popular stablecoin) without worrying about currency conversion or restrictions— that's the flexibility Whop is bringing to the table.

Broader Implications for Blockchain Practitioners

This development aligns with the broader trend in blockchain where decentralization and self-sovereignty are key. Platforms like Whop are empowering users by integrating crypto-native features, which could attract more builders to the ecosystem.

If you're involved in meme tokens or digital products, keeping an eye on Whop's updates could give you an edge. Whether it's enhancing your community's monetization or exploring new payout options, this shift underscores the importance of adaptable tech in the crypto space.

For the full context, check out the original thread on X and see how this fits into your blockchain journey. As always, stay informed and keep building!

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