Fintech giant Stripe has announced the launch of stablecoin accounts in 101 countries, allowing businesses to store, send, and receive payments in USDC from Circle and USDB from Bridge, which was acquired by Stripe for $1.1 billion in 2024. This move, announced on May 7, 2025, simplifies cross-border transactions by combining cryptocurrency and traditional financial channels. The accounts support balances in US dollars, euros, and pounds, allowing businesses to avoid currency volatility and high fees.
According to William Hebrick, Stripe's President of Products, companies in countries with unstable currencies, such as Argentina or Vietnam, will be able to operate more effectively in dollars. The solution supports fast transfers through the Ethereum, Solana, and Polygon blockchains, as well as traditional methods like ACH and SEPA. The growth of the stablecoin market, which reached $231 billion, underscores the demand for such tools. Stripe aims to create a global financial ecosystem by lowering barriers to international trade.#StripeStablecoinAccounts