#StripeStablecoinAccounts

Stripe has recently launched Stablecoin Financial Accounts enabling businesses in over 100 countries to hold balances in stablecoins like USDC and USDB. This new feature allows for seamless transfer of funds between traditional money and crypto coins . Businesses can receive payments in stablecoins and also send money from their stablecoins in USDC or USDB via traditional networks or in crypto stablecoins if the both parties agree . This aims to provide a hedge against inflation and easier access to the global economy particularly in conflict ridden areas or countries with bad economic conditions . Stripe's acquisition of Bridge facilitated this integration , with Bridge also partnering with Visa to enable spending of Stablecoin balances via Visa cards .