#StripeStablecoinAccounts

Stripe is making a renewed push into crypto and artificial intelligence, unveiling a slate of new features at its annual user event on Wednesday in San Francisco.

Two major updates include the rollout of Stablecoin Financial Accounts, which will allow businesses in 101 countries to hold balances in dollar-backed stablecoins, receive funds via crypto or traditional rails, and send stablecoins globally.

It also rolled out a new Payments Foundation Model, an AI system trained on tens of billions of transactions to better detect fraud and improve authorization rates.