#StripeStablecoinAccounts

Stripe has launched stablecoin-powered financial accounts in over 100 countries, allowing businesses to send, receive, and hold US-dollar stablecoin balances. This expansion enhances Stripe's cryptocurrency strategy, providing stable financial infrastructure in regions with unstable currencies or limited access to banks.

*Key Features:*

- *Stablecoin Support:* The accounts support Circle's USDC and Bridge's USDB stablecoins, with plans to add others.

- *Multi-Currency Management:* Businesses can hold and manage balances in USD, EUR, and GBP, reducing unnecessary foreign exchange fees.

- *Global Reach:* The service is available in over 100 countries, including Argentina, Chile, Turkey, Colombia, and Peru.

- *Partnerships:* Stripe has partnered with Visa to enable stablecoin spending at 150 million merchants worldwide and with Ramp to offer corporate cards backed by stablecoins ¹ ² ³.

*Benefits:*

- *Fast Settlement:* Stablecoins enable speedy settlement and lower costs.

- *Protection:* Businesses can hedge against local currency depreciation and inflation.

- *Programmable Money:* Stripe's platform allows for programmable, interoperable money.

*Stripe's Vision:*

Stripe aims to create a seamless, borderless global financial system, leveraging stablecoins and AI-powered payment innovations ².