#StripeStablecoinAccounts #StripeStablecoinAccounts Strip Stablecoin Accounts allow users in over 100 countries to hold, send, and receive US dollar-pegged stablecoins like USDC and USDB, functioning similarly to traditional fiat bank accounts.
This feature, powered by Stripe’s acquisition of Bridge in October 2024, enables businesses and individuals to manage stablecoin balances for cross-border payments, offering faster, cheaper, and transparent transactions compared to traditional systems like SWIFT.
Users can link a crypto wallet to their Stripe account via the Express Dashboard, set USDC as the default currency, and transfer funds that settle as stablecoins in their wallet. The service is in private preview, requiring a US-based Stripe Connect platform and individual or sole proprietor recipients. Stablecoin payouts integrate with Stripe’s Transfers API, converting fiat to stablecoins seamlessly