#StripeStablecoinAccounts

Stripe Stablecoin Financial Accounts, launched on May 7, 2025, allow businesses in over 100 countries to hold, send, and receive USD-pegged stablecoins, primarily USDC (issued by Circle) and USDB (issued by Stripe’s subsidiary, Bridge). This follows Stripe’s $1.1 billion acquisition of Bridge in October 2024. The feature aims to simplify cross-border transactions, offering a hedge against inflation and access to global markets, especially in regions with volatile currencies.

Key Features:

Functionality: Businesses can manage stablecoin balances like fiat accounts, funding them via traditional methods (e.g., ACH, wire) and sending/receiving funds in stablecoins or USD/EUR over crypto or fiat rails.

Supported Stablecoins: USDC and USDB, with USDB being a closed-loop stablecoin backed 1:1 by USD held in cash and short-term money market funds at BlackRock.

Accessibility: Available in 101 countries, including Argentina, Chile, Turkey, and Colombia, targeting businesses outside the US, UK, and EU.

Visa Partnership: Through Bridge, Stripe enables stablecoin wallet holders to spend balances at Visa-accepting merchants globally, with automatic conversion to fiat for merchants.

Integration: Stripe handles crypto complexity, settling transactions in USD for merchants while allowing payouts to crypto wallets via the Express Dashboard.