#StripeStablecoinAccounts

Stripe has launched Stablecoin Financial Accounts available to business users in 101 countries, allowing them to hold, send, and receive balances in US dollar-pegged stablecoins USDC and USDB. These accounts, managed through Stripe’s subsidiary Bridge, support transfers via ACH, wire, or crypto wallets, and enable payouts to bank accounts or crypto addresses. Stripe also plans to offer Visa cards linked to these stablecoin balances, making it easier to spend stablecoins anywhere Visa is accepted. This new product aims to enhance financial flexibility, especially for businesses in developing economies, by reducing cross-border transaction costs and providing a stable store of value. Additionally, Stripe is integrating these stablecoin accounts into its broader money management platform, which includes multi-currency balances and virtual/physical card issuance.