Key Takeaways:
- Shift4 Payments integrated Tether's USDT into its Pay with Crypto solution
- Merchants receive fiat automatically at the point of sale
- Service available across the US excluding New York
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Shift4 Payments adds Tether's USDT to Pay with Crypto as Truist cuts PT to $46
Shift4 Payments added Tether's USDT to its Pay with Crypto solution, letting hundreds of thousands of US merchants accept stablecoin payments with automatic conversion to fiat currency at the point of sale.
"Accepting Tether gives businesses a safe and easy way to make payments, building on the program's success without adding further complications," Taylor Lauber, chief executive officer at Shift4 Payments, said.
The integration, developed with Lydian, converts USDT payments to local currency at the transaction point, meaning merchants receive fiat without holding or managing digital assets. Shift4 first launched Pay with Crypto in October 2024 supporting Bitcoin and Ethereum, then expanded to a global stablecoin settlement platform in December 2025 covering USDC, USDT, DAI, PYUSD and EURC. The service is available across the US excluding New York, which maintains its own regulatory framework for crypto-related financial services.
The move brings stablecoin payments to the mainstream retail point of sale, potentially pressuring competitors including PayPal, Visa and Mastercard to accelerate their own crypto integration efforts. Truist maintained a Hold rating on Shift4 (NYSE: FOUR) with a $46 price target on May 27, down from $50, citing expectations for a solid second quarter supported by the World Cup in North America.
Lauber said the company created its Pay with Crypto solution in response to increasing use of cryptocurrencies as a common form of payment, and that accepting Tether enables businesses to cater to a rapidly expanding customer base that prefers using stablecoins for payment. The partnership with Lydian required no new hardware or blockchain expertise from merchants, embedding crypto acceptance into existing payment flows.
The traditional payments industry has been cautiously exploring crypto integration for years. PayPal launched its own stablecoin PYUSD, while Visa and Mastercard have tested various blockchain settlement experiments. Shift4's approach targets the merchant side directly, embedding crypto acceptance into existing payment rails rather than creating separate products.
Regulatory uncertainty around stablecoins in the US has not fully resolved, and Shift4's exclusion of New York merchants reflects the patchwork compliance landscape that persists across states. Any federal stablecoin legislation could either accelerate or complicate the kind of integrations Shift4 is building, depending on what requirements emerge.
This article is for informational purposes only and does not constitute investment advice.
[1] Shift4 Payments enhances Pay with Crypto solution, accepts Tether payments[2] Shift4 Payments (FOUR) is One of the Best Payment Processing Stocks to Buy Now[3] Shift4 Payments adds Tether (USDT) to Pay with Crypto, enabling fiat conversion at checkout for US merchants. - Pluang[4] Truist Lowers Shift4 Payments Price Target to Forty Six Dollars - HarianBasis.co
