Bitstamp and Stripe Team Up to Allow EU Consumers to Easily Purchase Cryptocurrencies Directly

These are two of the most trusted and reliable fintech brands in the world. The crypto exchange pioneer joined forces with Stripe to support the financial infrastructure platform’s fiat-to-crypto onramp across the EU.

Fintech giants Bitstamp and Stripe have joined forces to make it easier for consumers across the EU to purchase cryptocurrencies directly.

This partnership will see Bitstamp integrate with Stripe’s fiat-to-crypto onramp, enabling developers to seamlessly embed a customizable crypto purchase widget into their app or website.

Users will be able to enjoy a streamlined checkout experience optimized for cryptocurrency conversion, with near-instant settlement of crypto transactions.

Stripe’s crypto onramp supports a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Stellar (XLM), and USD Coin (USDC).

This integration marks an expansion of Bitstamp-as-a-service, further solidifying cryptocurrency’s role in the digital payments ecosystem.

Jean-Baptiste Graftieaux, Global CEO of Bitstamp, commented: “We’re immensely proud to have been chosen to partner with Stripe – one of the biggest and most trusted players in the payments space. It’s a testament to our own record for safety, reliability, and security.”

John Egan, Head of Stripe Crypto, added: “Bitstamp’s long-standing reputation as a trusted partner made them an easy choice for us when considering how best to serve the needs of our users and their customers in the EU.”

In related news, Robinhood Markets is reportedly planning to offer cryptocurrency futures to its customers in the U.S. and Europe later this year.

The commission-free trading app will reportedly use the licenses of Bitstamp, a crypto exchange that Robinhood agreed to acquire last month for $200 million, to offer these futures.

Robinhood plans to introduce CME-based futures for Bitcoin and Ether in the U.S. However, a spokesperson for the company stated, “We have no imminent plans to launch these offerings.”

The acquisition of Bitstamp, expected to close next year, will allow Robinhood to use Bitstamp’s licenses to offer perpetual futures for Bitcoin and other tokens in Europe.

These plans have not been publicly announced and come from anonymous sources, according to Bloomberg.

A crypto derivatives contract is a financial instrument whose value is based on an underlying cryptocurrency asset. It enables traders to speculate on price movements without owning the asset.

If Robinhood begins offering crypto derivatives, it will compete directly with Coinbase, which is already active in the crypto derivatives market.

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